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Pappas and Sununu Clash Over Gas Prices, Trump

By Drooid · · How we work

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  • After OAPEC’s October 1973 oil embargo targeted Saudi supplies, President Richard Nixon faced soaring fuel costs; U.S. gasoline rose about 43 % from 38.5¢ in May 1973 to 55.1¢ a year later, and oil prices quadrupled to roughly $12 per barrel. The shock spurred the 1975 Energy Policy and Conservation Act, shaping today’s tax-based debates in New Hampshire’s Senate race.
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