πŸ‡ΊπŸ‡ΈUnited States Β· 70s

Gas Lines and Watergate

Roe v. Wade, the oil crisis, and Watergate unravels on live TV.

What happened

5 milestones of 1973

What was playing

70% local Β· 30% international

What was in cinemas

The Exorcist

The Exorcist

William Friedkin β€” People fainted in theaters. The scariest film ever made.

The Sting

The Sting

George Roy Hill β€” Newman and Redford pull the ultimate con. Won Best Picture.

American Graffiti

American Graffiti

George Lucas β€” Cruising in 1962. Lucas's love letter to rock & roll and youth. Made for $777,000, grossed $140 million.

Enter the Dragon

Enter the Dragon

Robert Clouse β€” Bruce Lee's final masterpiece. Martial arts entered the mainstream.

Serpico

Serpico

Sidney Lumet β€” Al Pacino as the honest cop. Based on a true story of NYPD corruption.

What was on TV

An American Family

1973 β€” PBS aired the first reality TV show β€” the Loud family unraveled on camera.

Schoolhouse Rock!

1973-1985 β€” 'I'm Just a Bill' and 'Conjunction Junction' taught a generation.

The Six Million Dollar Man

1973-1978 β€” 'We can rebuild him.' Lee Majors was the bionic man.

All in the Family

1971-1979 β€” #1 show for the third straight year. Archie Bunker was inescapable.

Kojak

1973-1978 β€” 'Who loves ya, baby?' Telly Savalas' lollipop-sucking detective.

How much things cost

Currency: USD

Gallon of milk$1.36
Gallon of gas$0.39
New house (median)$32,500
New car (average)$3,500
Loaf of bread$0.27
Movie ticket$1.77

Inflation: 6.2%

The oil embargo sent gas prices soaring. Inflation jumped to 6.2%. The era of cheap energy was over.

Then vs. Now

Inflation-adjusted values

Gallon of milkBLS
1973 (USD)
$1.36
β†’
Today's value ($)
--
Gallon of gasEIA
1973 (USD)
$0.39
β†’
Today's value ($)
--
New house (median)Census Bureau
1973 (USD)
$32,500
β†’
Today's value ($)
--
New car (average)BLS
1973 (USD)
$3,500
β†’
Today's value ($)
--
Loaf of breadBLS
1973 (USD)
$0.27
β†’
Today's value ($)
--
Movie ticketNATO
1973 (USD)
$1.77
β†’
Today's value ($)
--

Technology

Ethernet invented

Bob Metcalfe at Xerox PARC invented Ethernet, the technology that networks computers.

Mobile phone call

Martin Cooper at Motorola made the first handheld mobile phone call.

Skylab

America's first space station launched. Astronauts lived in orbit for months.

MRI concept

Paul Lauterbur published the principles behind MRI imaging.

Sears Tower completed

The tallest building in the world rose in Chicago β€” 1,451 feet of American ambition.

Pop Culture

Fashion

Platform shoes peakedWide-collar disco shirtsDenim everything

Slang

Jive turkeyβ€” A dishonest or untrustworthy person
Can you dig it?β€” Do you understand?
Stone cold foxβ€” Very attractive person

Behavior

  • Gas station lines became a defining image of the decade
  • Bruce Lee's death made him a legend and martial arts a craze
  • The Watergate hearings turned Americans into political junkies

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