Word: arco
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Dates: during 1980-1989
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...Atlantic Richfield was the first in Southern California; last summer it introduced a clean-burning unleaded gasoline designed to power older vehicles built to use leaded fuel. The Los Angeles-based company said the new brand, Emission Control-1, has been favorably -- if not overwhelmingly -- received since it replaced Arco's leaded gas last month. Edward Reilly, senior vice president for marketing, said EC-1 sales were slightly ahead of previous levels for leaded gas, although the two fuels cost the same...
...pollution caused by cars built before 1975 and trucks from before 1980. While such vehicles represent only 15% of the Los Angeles area's cars and trucks, they produce nearly one-third of its automotive air pollution. When EC-1 goes on sale next month at 700 Arco stations across Southern California, the company said, it will be priced the same as leaded fuel, though the new gas costs a few cents more a gallon to produce...
...Arco attributed its discovery to improved refinery techniques and advanced computer data bases that enabled chemists to experiment with formulas for the new gasoline. Besides containing no lead, the new Arco fuel has 50% less benzene, a major source of smog, and 80% less sulfur. "We could not have done this five years ago," a company spokesman contended. "You have to have a good data base...
They own Los Angeles' Arco Plaza. In New York City they have scooped up the Exxon Building, the Algonquin Hotel and the vaultlike home of Tiffany & Co. They are beating the U.S. at everything from VCRs to semiconductors. And now they are trying to buy U.S. colleges...
...next Administration and Congress may try to help balance the budget by raising taxes on gasoline. Oil and real estate baron Nicolas Salgo gave more than $500,000 to the New York State Republican Party. Great Western Resources of Houston donated $100,000 to the Democrats. Los Angeles-based Arco played both sides of the contest, with a $135,000 contribution to the Republicans and $85,000 to the Democrats...