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...million to administer its credit-card accounts. Texaco, which has also been plagued by rising credit-card costs, last November started levying a 3% sales surcharge on dealers who accept the Texaco cards for payment. Exxon has launched tests in selected areas to see if a 40-per-gal. discount will reduce credit-card use. The company is now considering introducing the plan nationwide...

Author: /time Magazine | Title: Bye-Bye, Charge It | 3/15/1982 | See Source »

...once their charge cards are no longer accepted. The company, though, thinks that drivers will keep pulling into its stations because Arco will be passing on its administrative savings to customers. The company says that it will be able to slash gasoline prices by as much as 30 per gal. in the coming weeks as a result of abandoning credit cards. If Arco's sales spurt as its prices dip, other companies will probably follow the lead and hasten the demise of gasoline credit cards. Any station owners who look around their back lots are unlikely to find...

Author: /time Magazine | Title: Bye-Bye, Charge It | 3/15/1982 | See Source »

...earlier plays, Absent Friends. There is nothing out-of-the-suitcase about Way Upstream, however: the Alley production is perhaps as ambitious a staging as has ever been attempted by a regional theater. The playwright's River Orb has been regurgitated into a 20,000-gal. tank of water; a 24-ft. cabin cruiser has been assembled inside; and a huge sprinkler system has been installed to re-create a summer downpour. Ayckbourn has directed, as he did in Scarborough, and his players move as effortlessly as their roles-and their wayward craft-will allow...

Author: /time Magazine | Title: Theater: This Realm, This Little England | 3/8/1982 | See Source »

...fall in love with all the grace of high school sophomores Led by cuddly Jim Ivey the goodness clash with the bandies at a surrealistic summer camp for prospective law students run by hip woman professor and her crew of 3L's. All the while, Ivey is romantic good gal Ruth O'Day, who (get this) finally comes around and sees that...

Author: By Paul M. Barrett, | Title: Jurisimprudence | 3/4/1982 | See Source »

Over the short term, the drop in oil prices promises further progress in the U.S.'s fight against inflation. Consumers no longer have to contend with ceaselessly skyrocketing costs for gasoline, which over the past year have leveled off at about $1.22 per gal. for leaded regular, or heating oil, which is now selling on average for about $1.23 per gal. on the East Coast. Moreover, lower crude prices hold down the cost of the thousands of consumer and industrial products made from plastics and other petrochemical products...

Author: /time Magazine | Title: Plunging Petroleum Prices | 2/22/1982 | See Source »

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