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...coal-powered utility and about $1.25 from a nuclear power plant. The cost of a watt from photovoltaic cells has come down from $22 in 1975 to between $8 and $10 today. The Department of Energy has set a goal of reducing the cost to $2 by 1982, to 50?? by 1986 and to no more than 30?...
...stock market indicated the public's response. Shares of Columbia Pictures, which gained a publicity bonanza for its movie, soared by $2.74 in two days, to $24.75. Stocks of nuclear power companies declined sharply. General Public Utilities, which owns the damaged plant, dropped 50?? a share, while the stock of Kerr-McGee plunged...
...Authority to raise gasoline taxes, now 4¢ a gallon, by as much as 50?? over ten years if consumption continues to go up at unacceptable rates...
...Siege. In the past year, the Labor Department's index of wholesale prices of gasoline, heating oil and other refined petroleum products has risen a walloping 40.4%. According to some estimates, within the next few months regular gasoline will probably climb an average of 9¢, to 50?? per gal. Home heating fuel is expected to almost double in price, to 40¢ or more. Kerosene, diesel oil and jet fuel will all climb proportionately. Rising fuel costs will increase the price of electric power. Altogether, soaring fuel prices will pump $8 billion to $10 billion of pure inflation into the economy...
...Evanston, Ill., Northwestern University raised the price of its football programs from 50?? to 75¢ this season. Irate fans cried illegal procedure, and last week the IRS threw Northwestern for a loss: the programs have dropped back to 50?...