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60 Nostalgic Photos of the Good Old Days

'70s Gas was Cheap

Source: Reddit

It’s true. Gas prices were once that low. In fact, people got upset with the prices crept close to the one dollar mark. During the 1970s, however, two events took place that made Americans rethink their dependency on foreign oil. The first was the 1973 oil crisis during the OPEC oil embargo. During the embargo, oil prices rose from $3 a barrel to $12 a barrel. The second event was the 1979 oil crisis, caused by a reduction in oil output following the Iranian Revolution. 

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Terry Claypoole

Writer

Terry is a lover of the beach, history, politics and has a passion for social media and technology. In her spare time, you can find her at the beach (of course) enjoying the sand and sun and listening to music from the groovy era.