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...general, Carter would let domestic oil prices rise to world levels, increase prices of newly discovered natural gas by 20% (to approach oil prices), slap a 5¢-per-gal. tax on gasoline each year if conservation goals were not met, and use tax penalties on "gas guzzler" cars and rebates on small cars to encourage purchasers to select energy-efficient autos. To many liberals, this was not going far enough. "Large Chevy owners will now have to switch to small Chevies. I don't consider this a sacrifice," said Tom Quinn, special assistant on environmental protection to California Governor Jerry...
GASOLINE TAX. The current 4?-per-gal. federal tax on gasoline might eventually be increased in stages to as much as 54?, with the aim of encouraging motorists to use less gas and switch from gas guzzlers to smaller cars with better mileage. The tax-setting machinery would be complicated. First the Government would gauge actual nationwide gas consumption over a set period. This period could run until next Sept. 30, or it could be postponed until calendar year 1978 to give drivers more time to adjust their habits and possibly cut fuel consumption. At the end of the trial...
...minded. "I am the only one here," he said, "who had the opportunity of viewing the world from 240,000 miles out in space, and I know how small it looks." As an industry at the mercy of both soaring fuel costs (kerosene, which cost 8? to 10? per gal. in the late 1960s, may rise to 70? in the mid-1980s) and scarce capital for new equipment, the airlines must conserve or face ruin. Under Borman's prodding, Eastern has increased its passengers 10.4% while reducing fuel consumption 7.5%. Among the methods: cutting the number of flights, adding...
...everything, or the company that wants something more, the Heli-Home may indeed outclass the private jet as a practical, all-purpose, tax-deductible vehicle that is not just a toy. Or, for $10.000 a week, plus pilot's salary, plus gas (75 gal. per hour), the party thrower or corporate showman can rent an H-H and be up and away...
Under the plan, Detroit's beloved dinosaur, thumping its chrome-plated tail, is doomed for the swamps of extinction. The new plan will impose an excise tax on the purchase of large cars. Under consideration as a fallback plan is a gasoline tax, beginning with 5? per gal. and rising at regular intervals to 50? or $1 in order to discourage Americans from buying big gas-guzzling autos. According to the Energy Policy and Conservation Act of 1975, which the new Administration is embracing, each manufacturer by 1980 must produce a line of cars that achieve an average...