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...many ways the biggest victim of the cartel will be the largest importer of petroleum, the U.S. OPEC'S increases are expected to add perhaps 100 or more per gal. to gasoline prices by year's end, lifting a typical family's automotive fuel bill by $250. According to one estimate, food prices will go up by some $70 per family, since energy is used intensively throughout the food chain, from farm to supermarket. Anyone unfortunate enough to heat his home with oil is likely to find that the cost of keeping warm in the Northeast this...

Author: /time Magazine | Title: Nation: What It Will Cost the U.S. | 7/9/1979 | See Source »

...police in three days of rioting. Police arrested nearly 200. Local officials declared a state of emergency and enforced a curfew that prohibited more than five people's getting together on the streets after 9 p.m. Pennsylvania Governor Richard Thornburgh helped restore order by bringing another 500,000 gal. of gas into the area and imposing a statewide odd-even purchase system. Said Bristol Town ship Police Chief Richard Templeton: "We're sitting on a powder...

Author: /time Magazine | Title: Nation: And the Gas Lines Grow | 7/9/1979 | See Source »

...occasionally they took the whole car. Some resorted to ingenious ruses. Two men were arrested in Miami after police discovered that a floor board had been cut out of their dilapidated van. Underneath was $5,000 worth of equipment, including intake hoses, battery-operated pumps and a 350-gal. storage tank. Apparently the pair would drive into a station, casually park over an unlocked underground tank and help themselves. On a smaller scale, thieves faced another kind of retribution. In the process of siphoning gas, they often ended up swallowing some of the gas that gushed forth. Cases...

Author: /time Magazine | Title: Nation: And the Gas Lines Grow | 7/9/1979 | See Source »

...months. Actually, Soviet production was supposed to increase by 154 million bbl. this year to a total of 4.3 billion bbl. The continuing shortage, which has slowed Communist industry for two years, caused a doubling in gas prices last year-to the equivalent of between 830 and $1.10 per gal.-and there were rumors of another doubling as early as this week...

Author: /time Magazine | Title: Nation: Misery Loves Company | 7/9/1979 | See Source »

...loads down to the Iron Curtain level, and they lose money in the process. The Federal Highway Administration last week asked the Governors of the nine states to waive their limits for 90 days. If that is done, operators could increase their loads by 10% and save 25 million gal. of fuel a month, according to the estimates of the American Trucking Associations, the lobby for the major companies...

Author: /time Magazine | Title: Nation: One Hellacious Uproar | 7/2/1979 | See Source »

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