Word: gal
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Dates: during 1970-1979
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...barreling head on into the energy crisis that is changing American auto-buying habits. Cars and trucks use up 40%, or 7.4 million bbl. a day, of all the petroleum burned in the U.S. The oil price explosion has sent the average cost of gasoline from 350 per gal. four years ago to 700 today, and that figure is sure to rise as a result of the latest increases by Iran, Kuwait, Libya, Algeria and other OPEC members. Spot shortages of low-polluting unleaded gasoline are already occurring, and its price is expected to climb to $1 or more...
Prices of 73.5? per gal. for unleaded were common in Miami last week, as were 77.9? per gal. in Atlanta and 78.9? per gal. in Jackson, Miss. Dealers in New Jersey were asking 71.9? per gal. for unleaded, and in New York City 88.9? per gal. for unleaded was posted on at least one pump. In Chicago a gallon of Amoco premium unleaded has been going for 96.9? per gal., up 5? in a month. Says a philosophical Mobil station manager in Manhattan: "Customers get upset, but they pay anyway. They grumble, but what can they...
...price differences that they notice from region to region, city to city and even block to block. The reasons for the discrepancies are complex and varied. Taxes can make a big difference. In Chicago myriad federal, state, county and sales taxes add up to about 17? per gal. (the federal tax alone is 4?). But in Houston levies total only 9?, and lucky motorists there were tanking up on regular last week for only 60.9? per gal. at self-service stations. Freight charges vary from next to nothing in an oil-producing state like Texas, to as much...
...dealers throughout the U.S. varies by as little as tenths of a cent a gallon for the same grade of gas. But the wholesale price can differ drastically from company to company. In Houston, for example, Exxon sells unleaded gasoline to its service stations for 56.9? per gal. and Phillips for 65.1?, while Shell charges 61.8? for its premium unleaded. The oil companies have no control over the price at the pump. That is set by the individual franchise dealers, which is why the same brand of gas can vary widely from station to station...
Even without adding in last week's increases, the average U.S. price of gasoline is scheduled to rise from 69? per gal. now to 84? by the end of 1980 under the Government's control program. In high-cost areas such as New York City and some remote areas of New England the price probably will go to at least 90? and possibly $1. Already, gas, heating oil and other fuels are becoming more expensive...