In a past life, this would have gone on Totally Covered. Or, maybe it did. But I don't really think of it as a cover.
Nicolette Larson was from Helena, Montana. She was a backup singer for many artists, including Neil Young.... and she and Linda Ronstadt both sang backup on his 1978 album Comes A Time, which featured this song (Larson did not sing backup on that song). Larson and Ronstadt have different recollections on how her version came to be. Ronstadt said - in 2013, in her memoirs - that she made the suggestion and Larson's producer was appreciative.
Larson's story is more colorful. Her recollection was that she found a demo version of the song on a tape on the floor of Neil Young's car.... and he gave her the song.
She took Young's melancholic song and turned it upbeat, with strings and horns.... and made herself a classic. Held until October 1978 - waiting to see if Neil would release it as a single (he did not - although it did end up being a B-side) - her version - her debut single - ended up being a top 10 pop hit, her biggest by far.
It wasn't easy to find a real live version of this song. A lot of her early ones were on TV and were lipsynced.
However, this performance from 1991 - six years prior to her untimely death - show that she still had it.
This live recording from 1978 is absolutely spectacular.