Showing posts with label History This Day in History 0125. Show all posts
Showing posts with label History This Day in History 0125. Show all posts

Tuesday, January 31, 2012

Community Reporter Editorial from January 25, 1974: Is There A Gasoline Shortage?

January 25, 1974: Is There A Gasoline Shortage?

Community Reporter Editorial - Is There A Gasoline Shortage?— With Congress getting its "back up" at last over the energy crisis, oil companies are being forced to reveal that their storage tanks are overflowing and that they actually have more gasoline on hand than at this time last year.

Yet, through a foolish and totally unfathomable policy of the energy administration, gasoline stations in numbers of localities are being denied the amounts of gasoline that customers need to carry out their normal operations of travel — many times with serious implications to their work and their means of earning a livelihood.

There is every evidence that there is enough gasoline to permit normal operation of these stations, but under the monthly quota established they are prevented from receiving what they need to maintain their businesses.

Just what is back of this ridiculous contrived shortage?

Is it, as some suggest, a political maneuver to take people's attention off the "watergate" mess? Or is it, as seems much more likely, a deliberate attempt to force up prices and give the oil companies larger profits, in order that the government can collect higher taxes from them?

Community Reporter, January 25, 1974. [19740125 CommReporter Ed Is there a gasoline shortage]

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