The Archives
1979 Newsweek detailed the energy crisis that spiraled in the aftermath of the Iranian Revolution. On April 18, President Jimmy Carter told the nation: “With the exception of preventing war, this is the greatest challenge that our country will face during our lifetime.” Recalling the oil shortage of 1973, drivers panic-bought gas—much of which was then wasted idling in line at gas stations. This March, in the wake of Russia’s invasion of Ukraine, gas prices rose to a national average of over $4 per gallon, in what some experts are saying could be an energy crisis rivaling those of the 1970s. 1988 “The person who would most adore the Andy Warhol auction is the late Andy Warhol himself,” Newsweek wrote. Sotheby’s sold the artist’s collection of art, furniture and tchotchkes in “what may…