Who put the price controls on gasoline during the oil shocks of the 1970's?

Price controls were the brain child of another Republican Genius...Richard Milhouse Nixon.





The oil shortage though was caused when the OPEC nations put an oil embargo against oil delivered to the US. They turned the screws to us then.Who put the price controls on gasoline during the oil shocks of the 1970's?
Richard Nixon put wage and price controls in place because of inflation.


To an extent it worked,the problem is that everyone raised prices on everything just before the freeze took place and the working people got there wages frozen.


When OPEC embargoed oil to the U.S.,Carter placed gas rationing on the U.S.


Based on the last digit of your car tag,determined when you could buy gas and in some places,you were limited how much you could purchase too.Who put the price controls on gasoline during the oil shocks of the 1970's?
I bought millions and millions of barrels of oil when they cost $60--$100 a barrel. I expect to make a kill when I sell. But right now it’s only over $140 a barrel. So here is my difficulty :





I have requested my agents spin the media, like: “Oil future looks high, expecting to be in the range of $200 a barrel soon” But it does not work price up fast enough.





I have paid the mainstream media, the Think Tanks, and the major PR talking heads, to spin China and India (supply and demand) responsible for price hike, to deflect American public anger. But that does not go far enough.





Right now, I am extremely nervous and worried. I urgently need a prey to buy those “paper barrels” on my hording. So I can profit. But where can I find my prey ?





ADD:


Airline industry has requested and demanded Congress stop oil speculation. I have my lobby on Capitol Hill work the Senators and Congressmen around the clock. But I do not how long they can hold.


Airlines urge Congress to curb oil speculation


http://www.boston.com/business/articles/…
Richard Nixon.





He was the last Republican president who had the interest of America in mind before all else.





The RNC was overtaken by ';big oil';. Nixon stood against them and was framed by the RNC for the Watergate break-ins.





The RNC, since then, has produced nothing but dishonest oil puppets as their candidates and confuse the issue with untruths about the other side. This is probably why Bush had to wear the ';wire'; during the debates and McCain can't speak to a crowd unless it's ';controlled';. Reagan always did best when his answers were ';pre-fed'; to him, too.





I was a Republican till I witnessed what had happpened to the RNC. It's now just a marketing tool for the Texas Oil Cartel. The ';Opec nation'; group was organized by American Oil Companies overseas with the help of such people as the Shah of Iran et al. This group is merely a paper group that exists solely for the Amer.Oil Cartel to place public blame upon when the Amer. Oil companies want to increase their profits.





T.Boon Pickens and the other wealthy Texas oil guys do NOT have our country's best interest at heart. They're only here to fill their pockets.








Note to Ralph T:





Gas rationing was not a nationwide situation. I lived in the midwest during this time and had no rationing.
The government, but remember that the law had no impact on international trade (which falls under no single nation's government to legislate) prices, so it could only be limited at a fairly high rate in the first place.
You may be thinking about Nixon's price controls, but they weren't about gas. The oil embargo by OPEC started the upward climb of prices back during then.
That would have been Richard M. Nixon. Many either did not live through his draconian price, and wage freeze, or simply choose to forget it.
there were no price controls