Old, what country were you living in in 1974 where you could buy gas for less than 20 cents a gallon? It sure wasn't the US.
For the record, 1974-1975 wasn't a period where gas prices went up significantly. The first big jump was in '73 due to the oil embargo. (Yes, there really WAS an OPEC oil embargo in 1973, it wasn't a "hoax". The embargo was triggered by US support for Israel in the '73 Yom Kippur war.) The next big spike occurred in 1979, triggered by the Iranian revolution.
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Today's Featured Article - Tractor Proflie: John Deere Model R - by Staff. The John Deere Model R, the last of the lettered tractors, was the first diesel-powered tractor produced by John Deere with a gasoline starting engine. It was also the first tractor they produced that had an optional steel cab. The photo above shows the tractor w
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