Bennington Banner Newspaper Archives Feb 21 1966, Page 18

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Bennington Banner (Newspaper) - February 21, 1966, Bennington, Vermont The amx a american mob s experimental prototype of a design Experiment by american motors will be used a to Check various design potentials and to test Public response to its Many unusual features a am president Roy Abernethy said. New Survey settles the question a when you have an Accident who is More Likely to help you an Independent agent or a one company Salesman a a answer an Independent agent by a big margin. Soith St Bennington Tel. 412-5116 technology keeps Price of gasoline stable what would you do if most of tax collections average $228 each the gasoline pumps in Vermont second $13,680 each minute went dry would you pay $2 for $820,000 each hour $20 Mil a gallon of gasoline sound lion each Day for a total of More ridiculous than $7 billion for this year. It does yet some oilmen be Many of the receipts from Lieve $2 would be the Price of a gasoline sales Are used extent gallon of gasoline today were it ively in research and in further not for vast improvements in ing education. Each year the technology if methods of Manu Industry nationally spends More factoring gasoline used in 1920 than $350 million on research were still employed today then gasoline supplies for 1966 would cd so in apse charts and booklets fall almost 40 billion Gallons pushed by the american pet Short in this country thus in oleum Institute Are supplied free hating prices. Teachers and students and they supplies Are not Only plentiful use in almost 200 however but gasoline is retail pub pc and private schools in ing today seven per cent cheaper Vermon a in Vermont than it did to years ago and 21.5 per cent cheaper than in 1918, even though the customer is paying More to fill up his tank. Although gasoline is As Basic to the Economy As the millions of 1966 automobiles now running off the Assembly lines the average Motorist takes his fuel for granted just As he does electricity. He can a fill her up with 15 to 20 Gallons but he can to Wear what he buys taste it feel it or usually even see it. The milk he buys costs 90 cents a gallon Root Beer $1 and distilled water 85 cents. Gasoline retails around 22 cents a gallon before taxes and the trend is downward not upward according to the Vermont Petroleum association. Most motorists would be surprised to learn that the retail Price of gasoline dropped seven per cent nationally from 1955 to 1965 even though the consumer Price Index Rose 16 per cent that gasoline costs nearly to cents less per gallon today than in 1920 that in Vermont the per gallon Price has dropped three quarters of a cent three per cent since 1960. Why then is the Motorist paying More at the pump the answer is taxes. Government takes iov2 cents from the Price of every gallon sold at the pump in Vermont. Four cents goes to the Federal government six and a half cents to the state with the funds used mainly to finance Highway construction maintenance and debts. In Vermont the sales of service stations in 1963 the year of the latest census of business reached a record $32,557,000, or More than the $32,535,000 in the sales of restaurants jewelry stores and drug stores combined. Although there Are no Oil Wells in Vermont the Petroleum Industry has a Large investment in the Green Mountain state. Last year 1,000 gasoline stations in Vermont 92 per cent of them owned or operated by Independent businessmen supplied automobiles with 153,397,257 Gallons of gasoline. To meet this tremendous demand requires 2,000 Industry personnel working in Vermont earning almost $11/a million a year. Consumption of the major Petroleum products in Vermont in 1964 totalled 342.4 million Gallons which includes distillate fuel Oil residual fuel Oil kerosene and gasoline. So great is the volume that in 1964 too per cent of All tonnage handled by the port of Burlington a 538,185 tons a consisted of Petroleum and its products. The six and a half cent per gallon state tax and other levies on Highway users brought in $20,997,365 to Vermont government during the current fiscal year or More than 80 per cent of the Highway fund used to build and maintain roads. Green Mountain states will also pay almost $6,200,000 to the Federal government in gasoline taxes this year. Across the country gasoline february 21, 1966 the National association of insurance agents asked an impartial nationally recognized research organization to accurately measure the difference. Here is what their research showed 9 out of to Independent agents help with claims. A far lower percentage of other agents do. This research proved that the big difference in insurance is the continuing personal attention of an Independent agent. To insure your car Home or business through an Independent agent look for this Seal. Only an Independent agent a a Man pledged to help you when you have a loss can display it. Wills Agency inc. George Buck Peter Donavan or

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