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To: TigerLikesRooster

I can remember, back in the 1970s, one night (I forget which one) where the big story on all the network news shows was that $1.00/gallon gasoline had finally come to the United States.

The story that day was that gas prices had for the first time hit $1.00/gallon in Hawaii.


10 posted on 03/14/2008 4:24:41 AM PDT by Maceman
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To: Maceman

Let’s see the Avalanche likely gets about 14 miles to the gallon, at $97 a tank....

That ain’t gonna get him very far.


11 posted on 03/14/2008 4:28:55 AM PDT by txzman (Jer 23:29)
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To: Maceman

That would have been when Carter took office. After of which, he first imposed a “Windfall Tax” on the Oil Companies. He rendered them financially unable to drill, then, in his Socialist brilliance, he froze prices.

The resulting shortages that he created are legendary. Not to mention that it doubled the price nation wide.


12 posted on 03/14/2008 4:30:03 AM PDT by PSYCHO-FREEP (Juan McCain....Viva El Presidente! "I'm not prejudice, I hate everybody the same.")
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