Here's the main fact of first arab oil embargo: Oil prices: Oil prices nearly quadrupled, from $2.90 a barrel before the embargo to $11.65 a barrel in January 1974.

Imagine spending 4 times what you are used to paying for gas. I was 25 in 1973 and watched people in line for gas at gas stations hitting each other with tire irons while waiting for gas. It went from around 20 Cents a gallon to 80 plus cents a gallon for gas that year. People were enraged in a way you don't see them get usually these days. People were still violent more from World WAr II, the Korean War and the Viet Nam war which was still going on then.