Word: gal
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Encourage Investment by Selectively Reducing Regulation. Some Government rules are beneficial because they stimulate investment. For example, one sound regulation that should be maintained is the rule that new automobiles must become increasingly gasoline-efficient until fleets average 27.5 miles per gal...
Discourage Oil Imports. Impose a stiff federal tax on oil from abroad, enough to raise the price of gasoline to at least $1 per gal., which would still be much less than the price in any other industrial nation except Canada. Some of the money could be returned as tax credits to the poor and to people who need to use much gasoline in their work, including farmers. The rest of the funds could be used, to finance energy development at home. By restraining imports, the U.S. would slow the outflow of American capital to the OPEC cartel and would...
...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...
...service tack on a few cents a gallon for pumping the gas, checking the tires and wiping the windshield. Many station owners still try to hold prices down in order to achieve high volume. "Rocky" Minetti, who manages an Esso station in Pittsburgh, maintained his price of 64.9? per gal. for unleaded right up to the end of last week, while ether stations in his area were charging 68? to 75? per gal...
...major companies have raised their wholesale prices, and there is endless debate over whether or not these increases are justified by the rising costs that the firms must pay for oil. Since early November, Exxon has boosted its wholesale price for regular gas by 4.3%, to 47.9? per gal.; Mobil has lifted its price 10% to 51.9? per gal. and Amoco 11.4% to 50.6? per gal. The service station dealers then normally pass these wholesale increases on to their retail customers. The station owners commonly add 10? or more to the wholesale price in order to maintain their own margins...