Backflip With Chip – Jan 2 1974, Speed Limit Lowered To 55 MPH

Jan 2, 1974 - U.S. President Richard M. Nixon signed a bill requiring all states to lower the maximum speed limit to 55 MPH. The law was intended to conserve gasoline supplies during an embargo imposed by Arab oil-producing countries. Federal speed limits were abolished in 1995.  Be a winner with the Classic Rewards Club when you enter the keyword gasoline.  Good luck and thanks for listening.