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Old 12-29-2024, 10:04 PM   #61
BigRedChief BigRedChief is offline
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Quote:
Originally Posted by cdcox View Post
Presidents get blamed for a lot of things they have zero control over. Gas lines? OPEC controlled world oil supplies in the 1970s. The gas lines were worse in 1973 than they were in 1979, but maybe you're not old enough to remember those. In my entire life I have never waited in a gas line of more than 4 cars.
I was working off shore on the oil rigs in the gulf of Mexico during that era. We went into the port of Galveston for some R&R. Waited 3-4 hours to get some gas.

If you have ever been to Galveston bay there are two huge refinery's. On each side of the bay. At least there were in 1979. One of them had like 20 tankers parked waiting for their turn to unload their oil. The other side has no tankers waiting to unload. We asked a couple of locals about it, their consensus was it was deliberate so they could raise prices and get some more free money from the government to drill.

I came to the conclusion they may have been right, OPEC started it for sure but our own oil companies worked for what was in their best interest over the people. Capitalism, yay!

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