Word: gal
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...resist the temptation to profit from a bad situation. Iraqi tanks had hardly arrived in Kuwait a week earlier when the majors started jacking up prices at gas pumps across the U.S. In the first four days, the price of self- serve, unleaded gas rose 7.1 cents per gal., according to an American Automobile Association (AAA) check of 1,400 stations. By last Friday prices were up an average of 18 cents per gal. Said a wholesaler: "Since this Kuwait thing, the price has been going up two, three, four times a day." No wonder Judy Bauer, a Chicago...
More than a year after the Exxon Valdez spilled 11 million gal. of crude oil into Alaska's Prince William Sound, the U.S. still lacks the ability to cope speedily with such disasters. That shortcoming was dramatically illustrated last week when a Greek tanker crashed into three oil barges in the Houston Ship Channel near Galveston. Though Houston handles more crude oil than any other U.S. port, no fast-response cleanup team is stationed in Texas. By the time emergency crews from along the Gulf Coast arrived, 500,000 gal. of crude had leaked into the relatively shallow Galveston...
...Americans head for the beach or the mountains this summer, the odds are about 1 to 4 that they will be driving a foreign-built car. The chances are even higher that they will fill their tanks with foreign fuel, since about half the 300 million gal. of gasoline bought each day are made from imported petroleum. What few American consumers realize is that an increasing amount of the fuel they use is not only shipped, refined and delivered but also pumped into their car by foreign producers. To paraphrase the old Texaco jingle, The man who wears the star...
...moment, motorists may wonder where the bargain is. While crude prices have fallen from nearly $17 a year ago to about $13 per bbl. currently, the average price of regular unleaded gas has declined only about 4 cents per gal., to $1.08. The main reason gas prices have lagged behind the fall in crude is a shortage of U.S. refining capacity. Demand for gasoline has risen in recent years, but new refinery construction has been hampered by environmental protests and changes in tax laws. As a result, refineries have been reaping fat profits, a growing portion of which is heading...
...Vegas now works overtime to provide fanciful family fun. The Mirage, which features a tropical theme, boasts white tigers, a 20,000-gal. aquarium and a 54-ft. mock volcano that erupts every 15 min. in pina colada-scented fumes. Diversions at the nearby Excalibur include jugglers, jesters and jousting knights. Youngsters can win prizes at a boardwalk-like Fantasy Faire, while marriage-minded grownups can don medieval costumes and say their vows in the Canterbury Wedding Chapel...