Remember when gas was being rationed? We were stationed at Fort Riley during that time and we drove to Florida to visit my in-laws for Christmas. We had no problem getting gas until we got into Florida and had to fill up. We could fill up 5 gallons, but after that we could fill the tank completely when we needed it. The same was when went to return home. Before we exited Florida we could only put in 5 gallons of gas
My Dad owned a hotel in south Florida.
That really put a dent in our business.
Then, inflation for everything skyrocketed.
All our employees were screaming for wage increases, and all our guests were screaming about room rate increases.
Those were the Ford-Carter years, a complete debacle economically.
It took us like six years to get our net profit (adjusted for inflation) back to the same level we had before the OPEC embargo started.