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...motor fuel rose 3.6% in March. That was the main reason for the .5% jump in the Consumer Price Index, its sharpest monthly increase since January 1984. In another report, the Oil and Gas Journal found that the average price of gasoline in the U.S. climbed 3 cents per gal. in March, to $1.15, which was 10 cents higher than it had been a year earlier...

Author: /time Magazine | Title: Energy: Pummeled At the Pump | 5/6/1985 | See Source »

Ironically, prices at the pump are now rising because they fell an average of 7 cents per gal. from last October through February. Gasoline refiners began reducing their inventories out of fear that prices would keep on dropping. That led to tight gasoline supplies and an abrupt turnaround in price...

Author: /time Magazine | Title: Energy: Pummeled At the Pump | 5/6/1985 | See Source »

Because world crude-oil supplies are abundant, most experts are optimistic about gas prices. Rutherford Poats, an economist with the Energy Futures Group in Bethesda, Md., predicts an increase of no more than 2 cents per gal. through midsummer...

Author: /time Magazine | Title: Energy: Pummeled At the Pump | 5/6/1985 | See Source »

Union Carbide's investigation in Bhopal focused on a partially buried tank holding more than 10,000 gal. of methyl isocyanate (MIC), a highly toxic chemical used in the manufacture of Sevin, Temik and other pesticides. The sealed tank was designed to keep the deadly MIC refrigerated and isolated from the environment. But on the night of Dec. 2, a series of runaway chemical reactions heated the interior of the tank to 400 degreesF, causing an escape valve to burst open and release a lethal cloud of vapor over the slums of Bhopal...

Author: /time Magazine | Title: Environment: What Happened At Bhopal | 4/1/1985 | See Source »

...enough heat and pressure to pop the valve. One possible source: a utility station where a pipe marked "water" is located next to one marked "nitrogen" (used to pressurize the tank). Most likely, the investigators suggested, someone connected the wrong pipe to the tank, allowing as much as 240 gal. of water to mix with...

Author: /time Magazine | Title: Environment: What Happened At Bhopal | 4/1/1985 | See Source »

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