Word: leadedness
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The oil companies argue that the federal controls on gas prices that were imposed during the fuel panic touched off by the 1973 oil embargo discourage investment in new refineries because the return on investment is too low when compared with that produced by other operations. As supplies diminish, more...
Both Government experts and industry officials agree that the surest way to resolve the problem is to lift price controls. But that is politically difficult because it would boost living costs and thus run counter to the Administration's anti-inflation drive. Last week the DOE estimated that gasoline...
The most acute shortages are of unleaded high-octane gas, but regular unleaded is also scarce. In the past two years, consumption of the unleaded grades has grown dramatically, as federal antipollution laws have forced U.S. automakers to shift to production of cars unsuited for leaded fuels. Lead hampers the...
Lead-free gasoline may be good for the atmosphere, but it is not good for much else. About 10% more crude is needed to produce a gallon of unleaded than leaded gas, and that extra margin increases the nation's oil import bill, which once again has begun to...
Gasoline decontrol makes sense, but the Environmental Protection Agency wants to bury the idea. EPA officials point out that although gas stations can be fined up to $10,000 for putting leaded gas into cars suited for only unleaded grades, the drivers themselves are subject to no such penalties. More...