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From the archives: Richard Nixon addresses the 1973 vigor situation - CBS News
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Then-President Richard Nixon addressed the federation from the Oval Office during the 1973 vigor crisis. Fueled by the Yom Kippur War, members of the Organization of the Petroleum Exporting Countries successful the Middle East banned the merchantability of lipid to the U.S. and different countries, sharply raising state prices for Americans arsenic they faced their archetypal substance shortage since WWII.
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