January 19, 1976: The Iowa Caucuses Matter for the 1st Time
Last edition:
Ostensibly exploring the practice of law before the internet. Heck, before good highways for that matter.
OPEC voted to freeze oil prices for three months. Saudi Arabia had been willing to reduce them, but Algeria, Iraq, and Iran, had not been.
Actor turned politician Ronald Reagan delivered California's State of the State address, noting the oil crisis but asserting it was an opportunity to develop resources, freeing the US from foreign petroleum.