"...We remember when the phrase 'sound as a dollar' was an expression of absolute dependability, until ten years of inflation began to shrink our dollar and our savings. We believed that our Nation's resources were limitless until 1973, when we had to face a growing dependence on foreign oil..."

This excerpt from President Carter's "Crisis of Confidence" speech given in 1979 is BEST referencing what event?



A)
Iranian Hostage Crisis


B)
Opposition to the Alaskan pipeline
Eliminate

C)
Oil embargo issued by OPEC to supporters of Israel


D)
Palestinian Liberation Organization(PLO) opposition to Camp David Accords



Su