Why did gas the price go up in late 1970?

Gas prices surged in late 1970 primarily due to the effects of the 1973 oil crisis, which stemmed from geopolitical tensions in the Middle East, particularly the Yom Kippur War. OPEC (Organization of the Petroleum Exporting Countries) imposed an oil embargo on nations supporting Israel, leading to reduced oil supply and skyrocketing prices. Additionally, rising demand and inflation also contributed to the increase in gas prices during this period.