Word: gallon
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Dates: during 1990-1999
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QUOTE OF NOTE: "I am the only member of Congress married to a member of the United Auto Workers, and I am one of a handful who know what it's like to return pop bottles in order to buy a gallon of milk...
...will fight the next war in the Middle East? Where will the best new jobs be found next year, and where will the most old ones be lost? How much will a gallon of gas cost in July 1998? What will be the hot consumer-electronics products of 2008? How will the Internet change commerce in the 21st century? Where will the next environmental catastrophe occur--and what can be done to prevent...
...price hike into perspective [BUSINESS, May 13]. In 1941 when I was 18, I paid 18[cents] to 20[cents] per gal. for my 1933 Plymouth. In 1941 I was earning 40[cents] an hour as an electrician's helper. So I worked half an hour to buy a gallon of gasoline. Compute your hourly earning against the present gasoline price for each gallon; gas is cheaper now than it was then. JIM CURRAN High Island, Texas...
...prices are as low today in real terms as they were in 1950--and nearly 40% lower than after the last embargo's price peak in 1981. Thanks to these bargains, Americans slurp as much oil as ever. In France, Germany and Japan, meanwhile, a gallon of gas costs more than $4. Taxes there account for 50% to 80% of the pump price. Here, by contrast, federal and state taxes together average 38 cents per gal., less than 30% of the price. Thanks in part to their policy of high-priced gas, our industrial competitors have made stunning strides...
...delegate Madeleine Albright, have said the terms of the five-year-old resolution implementing the embargo are not negotiable. Talks could go on a week or longer. If the Iraqi oil enters the market, it could drive down gasoline prices in the United States by a few cents per gallon...