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As for the economics involved which is what this little SNL skit -pretty close to authentic, actually- pertains to, you need to plug in to

As for the economics involved which is what this little SNL skit -pretty close to authentic, actually- pertains to, you need to plug in to Google "gas lines, 1970s," "Oil crisis," "price ceilings," "odd and even days," and you'll be able to explain what was going on in the U.S.A. with the price of oil during that period here on the DB

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