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Energy analyst warns of spot shortages and higher gasoline
Chicago AP report cites Herbert Hugo of Platts as saying U S consumers may face the tightest gasoline supply since the Arab oil embargo with price jumps of three to five cents per gallon by July 4. He notes output at 80 to 85 percent capacity and oil stocks down 10 percent, with shortages likely first on coasts.
MENTIONED IN THIS ARTICLE
Chicago
U.S
Herbert Hugo
Platt
Dilgram
Hugo
Midwest
Organization of Petroleum Exporting Countries
OPEC