embargoes don't work. they don't work when we try them on other countries. Embargoes really only work when we help those that are embargoing us by setting pri

embargoes don't work. they don't work when we try them on other countries. Embargoes really only work when we help those that are embargoing us by setting price controls. We did that in the 70s and it worked like a charm. Normally, the price we would pay would just go up and third countries would sell us the commodity or cartel members would cheat themselves. The 70s embargoes wouldn't have worked if the US government hadn't shot itself in the foot. We even had shortages of natural gas and ALL of it was coming from the US! The market works. The law of supply and demand functions, unless the government decides to break it.