Witness to History: 1974
This month in 1974, the majority of Arab oil-producing nations ended their embargo against the United States, marking the end of the 1973 oil crisis. This crisis led to the enactment of the Corporate Average Fuel Economy (CAFE) standards by Congress in 1975. Also in 1974, Miles Zimmerman, who has worked with the firm since 1952, was appointed District Court Judge of Blue Earth County. End of Oil Embargo The Arab-dominated Organization of Petroleum Exporting Countries (OPEC) announced a decision to cut oil exports to the United States and other nations that provided military aid to Israel in the Yom... Read More