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.
The 1973 oil crisis is a direct consequence of the US production peak in late 1970 and the beginning of 1971 (and shortages, especially for heating oil, started from there).he decade of the 1970s was a period of limited economic growth due in part to the energy crises of that decade. Though the mid decade was the worst period for the United States the economy was generally weak until the 1980s. The period marked the end of the general post-World War II economic boom.