26 Years Ago in TIME

High gas prices mean the debate over drilling in Alaska and off Florida won't end soon. One President facing a similar crisis launched a plan that included tapping ENERGY RESOURCES in the vast stillness of the mountain states.

It is under such silent lands as these that the boundless riches lie, awaiting the power shovel and the drill. Energy developers first began arriving in droves in 1973, when OPEC hiked its prices fourfold and jolted the nation's oil and gas companies into searching for additional supplies. Jimmy Carter gave the developers a big assist in 1979 when he announced his intention...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!