What Does Exempt Mean, Anyway? Fund Forum Five years have passed since the imposition of new requirements for Exempt Reporting Advisers under the Dodd-Frank Act.
Forty years ago, gas shortage hit hard. Fred Norris remembers well the gas shortage of 1973. He was owner of Norris Brothers BP on Alamance Road in Burlington. It was a mess, Norris said, recalling peoples reactions to not being able to fill the tanks of their beloved Furys, Impalas, LTDs and other big rides.
These assumptions were demolished in 1973, when an oil embargo imposed by members of the Organization of Arab Petroleum Exporting Countries (OAPEC) led to fuel shortages and sky-high prices throughout much of the decade. 1  Play video 1970s. 2  Play video Jimmy Carter's Legacy. 3  Play video The Iran Hostage Crisis.