On this day: October 17

Published On: Oct 15 2012 04:58:21 PM CDT   Updated On: Oct 17 2013 01:00:00 AM CDT

Al Capone is convicted of income tax evasion, "Jailhouse Rock" premieres, the New York World's Fair comes to an end, OPEC begins its oil embargo, and a deadly earthquake hits the San Francisco Bay Area, all on this day.

OTD October 17 - OPEC oil embargo
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National Archives and Records Administration

1973: The Organization of Petroleum Exporting Countries (OPEC) begins an oil embargo against several countries including the U.S. and Great Britain. The incident stemmed from Western support of Israel when Egypt and Syria attacked the nation on Oct. 6, 1973. The embargo would last until March 1974, during which government price controls and gas rationing in the U.S. commonly led to long lines at gas stations.

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