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 - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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