Word: gas
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Dates: during 1970-1979
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...another week, gas stations almost everywhere kept short hours, closed on the weekend or limited sales to a few gallons because supplies were short, by 5% to 20% of 1978 levels. In most states it was enough of a pinch to make gasoline a major topic of concern, but not enough to force Americans to change lifestyles. In California, however, long lines of cars formed at every open pump, as angry and panicky motorists tried to buy every drop available...
...soon as the meeting ended, Brown seized the initiative. He told reporters that he had warned Carter that the scarcity of gas in California might cause an economic disaster, which could spread quickly and tip the nation into recession. The Governor suggested that Carter had "responded" by promising that California would get more gasoline. Said Brown: "May will be the worst; in June things will improve." Brown could not resist one extra dig at Carter: "Many people actually thought that the President was punishing California because of me. I don't believe that." Then he turned over the microphone...
Carter moved quickly to recover. He made an appearance of his own before reporters to proclaim that he had begun working to ease California's gas shortage long before Brown's visit. On May 1, Carter said, the Department of Energy changed the gasoline allocation formula so that California will get more gas. Previously allocations were based on 1978 supplies; the formula will now take into consideration population growth...
Driven by bottom-line imperatives, U.S. companies have been notably inventive in cutting energy bills. One of the more intriguing ideas now comes from INSCO Systems of Neptune, N.J., a smallish (850 employees) subsidiary of Continental Corp., the big insurance group. During a natural gas shortage three winters ago, INSCO, which sells computer services to Continental and other insurers, decided that it could save fuel through what was literally an open-door policy. So one cold Friday evening, the doors throughout the firm's three story, 102,000-sq.-ft. building were left open so that the heat given...
Last winter the old gas-fired boilers were not required at all for hot air, and the company's yearly gas bill has been cut from $40,000 to $15,000 (some boiler heat was still needed for hot water heating). The company also avoided having to put in the new annex separate boilers that would have cost $125,000 to install and would have burned $30,000 worth of gas annually. "The system will pay for itself by the end of this year," predicts INSCO Senior Vice President William Barren. "Last winter we were running...