
Forty year-old sugar laws expire causing sugar prices to shoot from 11 to 65 cents per pound.
Hawai'i maritime strike exemption bill overwhelmingly voted down by U.S. House of Representatives, leaving the Islands vulnerable to economic damage from disputes fought thousands of miles away.
No-fault auto insurance goes into effect.
Waikiki Biltmore Hotel demolished.
Hawai'i becomes first state to limit sale of gasoline as part of its plan to counter the energy crisis.
ILWU declares sugar strike.
Japanese businessman Kenji Osano pays $104 million to buy the Sheraton Waikiki, the Royal Hawaiian Hotel and the Sheraton Maui.