Meg Jacobs

Harvard Book Store welcomes prize-winning historian MEG JACOBS for a discussion of her latest book, Panic at the Pump: The Energy Crisis and the Transformation of American Politics in the 1970s.

About Panic at the Pump

In Panic at the Pump, Meg Jacobs shows how a succession of crises beginning with the 1973 Arab oil embargo prompted American politicians to seek energy independence, and how their failure to do so shaped the world we live in. When the crisis hit, the Democratic Party was divided, with older New Deal liberals who prized access to affordable energy squaring off against young environmentalists who pushed for conservation. Meanwhile, conservative Republicans challenged both kinds of governmental activism and argued that there would be no energy crisis if the government got out of the way and let the market work. The result was a stalemate in Washington and panic across the country: miles-long gas lines, Big Oil conspiracy theories, even violent truckers' strikes.

Jacobs argues that the energy crises of the 1970s became, for many Americans, an important object lesson in the limitations of governmental power. Washington proved unable to design a national energy policy, and the inability to develop resources and conserve only made the United States more dependent on oil from abroad. As we face the repercussions of a changing climate, a volatile oil market, and continued unrest in the Middle East, Panic at the Pump is a necessary and instructive account of a formative period in American political history.

Praise

"In this intriguing and important book, Meg Jacobs successfully traces the roots of much of our current political and economic life to the energy debates of the 1970s. Anyone seeking to understand the way we live now will do well to consult Jacobs's incisive account of a decade at once remote and resonant." —Jon Meacham, author of Destiny and Power: The American Odyssey of George H. W. Bush

"The energy crisis of the 1970s created a political perfect storm, hastening the crisis of an already divided Democratic Party and clearing the way for the age of Ronald Reagan. In retelling that story, Meg Jacobs’s wonderfully detailed and lucid Panic at the Pump is a major contribution to late twentieth century U.S. history, describing a convergence of social and economic as well as political forces that transformed the nation, with resounding effects down to our own times." —Sean Wilentz, author of The Rise of American Democracy and The Age of Reagan