1970s gas crisis

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Posted by Sherman in Idaho [162.158.255.80] on Tuesday, January 19, 2016 at 17:12:39 :

In Reply to: Michigan readers posted by Jerry in Idaho [108.162.221.41] on Tuesday, January 19, 2016 at 16:07:38 :

After Nixon put on wage and price controls, gas prices often ended with odd fractions of a cent other than 9/10. I still remember him on TV saying "Gas will never be a dollar a gallon and bread will never be a dollar a loaf." Oil companies couldn't make any money on gas at the government-regulated prices, so they just quit making gas.

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Re: 1970s gas crisis - Jerry in Idaho 18:33:23 01/19/2016

At .47 cents a gallon - Mike O in CO 19:54:08 01/19/2016

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