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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jan 02, 1974
Page
14
Washington AP reports uncertainty over U S oil reserves with 36.3 billion barrels proved, 6.8 billion in NGL, and 266.1 Tcf gas. Industry groups and government rely on company data to estimate reserves, raising questions about accuracy and profit influence.
The Associated Press reports 1974 begins with fresh gasoline for many motorists as stations reopen with January allocations. Officials warn price hikes could follow, potentially up to ten cents by March. Gasoline shortages and conservation efforts affected service nationwide, with drivers facing long waits and some stations closed for holidays.
Salem Oregon AP reports Phillip Webb proposes a sticker system to ration gasoline by priority. No 1 for doctors and emergency vehicles, No 2 for commercial and commuting autos, No 3 for regulars with 10 gallons, new patrons 5 gallons while supplies last. Webb plans to limit lines and protect long-time customers.
Britain opened the year with unemployment figures swelling as the power crisis and three day week pressed by government curbs. 640000 filed for benefits this week on top of 490000 already jobless as nonessential industries halt to save electricity and steel mills cut consumption.
In Columbus Daniel J. Furey plans to form Fuel Savers Inc to remove emission control devices from cars citing gasoline waste from controls. He predicts 7 to 20 percent fuel loss and charges 49.95 to 99 for conversions while noting legal loopholes. EPA warns sloppy work could worsen gasoline waste.
Don Miller, owner of Santa Claus House Trading Post in North Pole Alaska, reports about 5000 yearly calls from people asking if Santa is real Many parents received high bills for calls to Santa and questioned the charges as irate operators verify the number by telephone from as far as Japan and Bermuda This prompts Santa to urge children to learn the number before dialing.
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