> Nixon/Ford/Carter price and allocation controls on gasoline...long lines in some states and gluts in others.
> Reagan ended it on day one with an Executive Order to repeal the controls. The lines disappeared overnight and never returned.
We had lines in 73 following OPEC's response to western involvement in Yom Kippur war. We had lines again in 79 when Iran's oil dropped out of the market. I can't recall gas lines (or reports thereof) during the intervening time. Searching didn't turn anything up.
(Anecdotally, I hung out with the Jan-Feb 1979 tractorcade. They came in from all over. Fuel prices were a concern but not availability.)
The latter spurred conservation. 1979's sharp oil price increases peaked in July 1980. Oil prices then began a long and steady fall, until the precipitous fall in Dec 1985.
Gas prices increase sharply in 1979, again in 1980 and again in 1981. In 1982 they drop to the highs that were set in 1980 and stay there, untethered to continually dropping oil prices. Until 1986, anyway.
I remember 1979 well. Lines every time I needed gas.
The day after Reagan signed the EO, the lines disappeared. I have never seen them since. I pull right up to the pump every time. That's with the prices going up and down pretty much daily.
We had lines in 73 following OPEC's response to western involvement in Yom Kippur war. We had lines again in 79 when Iran's oil dropped out of the market. I can't recall gas lines (or reports thereof) during the intervening time. Searching didn't turn anything up.
(Anecdotally, I hung out with the Jan-Feb 1979 tractorcade. They came in from all over. Fuel prices were a concern but not availability.)
The latter spurred conservation. 1979's sharp oil price increases peaked in July 1980. Oil prices then began a long and steady fall, until the precipitous fall in Dec 1985.
Gas prices increase sharply in 1979, again in 1980 and again in 1981. In 1982 they drop to the highs that were set in 1980 and stay there, untethered to continually dropping oil prices. Until 1986, anyway.