Word: premiums
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...week, as were 77.9? per gal. in Atlanta and 78.9? per gal. in Jackson, Miss. Dealers in New Jersey were asking 71.9? per gal. for unleaded, and in New York City 88.9? per gal. for unleaded was posted on at least one pump. In Chicago a gallon of Amoco premium unleaded has been going for 96.9? per gal., up 5? in a month. Says a philosophical Mobil station manager in Manhattan: "Customers get upset, but they pay anyway. They grumble, but what can they...
...shortages continue and demand remains high, the spot premium will simply be imposed on the higher posted cartel price. That would mean we will have, sooner or later, another OPEC increase following the first increase. And the higher OPEC price will not increase the supply of oil in world markets by one single barrel...
...Tampa to take on fuel. These spot shortages will probably become more acute and will spread when warm weather leads to more driving and the Energy Department moves to ensure that no one region is disproportionately affected. The loss of "sweet" low-sulfur Iranian crude will hit supplies of premium and unleaded gas especially hard...
...market. Contends Dan Hutchings, Bell's PBX marketing supervisor: "We provide more maintenance support for our system, and people will pay a higher price for that sort of quality." The competition has made some inroads, particularly with hotels, hospitals and other institutions that put a higher premium on saving costs than having easy availability to A T & T's extensive maintenance and service market...
...Arab countries has cut the oil deficit to 2 million bbl. per day globally and 500,000 bbl in the U.S. Saudi Arabia, for example, which is committed to pumping 8.5 milion bbl. per day, is now producing 9.5 million bbl. But the Saudis are tacking a 9% premium on that extra 1 million...