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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jan 14, 1974
Page
2
In response to the energy crisis a House bill would halt construction of new gasoline dispensing stations for one year. The measure, referred to the Business and Commerce Committee, aims to curb rapid station proliferation that affected independents and altered local competition.
A humorous riff on chronic lineitis ends with a political burst about oil profits. The writer jokes about battles with queues from banks to TV bankers and then shifts to Washington noting President Nixon ally oil money. It reports an investigation into soaring oil profits and Aramco’s pumping strategy amid a broader critique of oil industry practices and campaign financing.
The Persian Gulf nations doubled taxes on oil to seven dollars per barrel, with U.S. firms allowed to deduct these payments from taxes, effectively raising prices for consumers while boosting company profits. Major firms close less profitable stations, shift supply to own refineries overseas, and argue long term gains remain modest. Independents wield political clout, while accusations fly between majors and independents. A second thread links Howard Hughes to D.K. Ludwig, via a Bahamas hotel, with a long‑standing secret rapport and a 1969 Las Vegas meeting about managing Hughes' hotels and casinos.
The writer argues the press is not united yet essential to guard against fascism. He critiques editors and broadcasters for bias and self interest, noting fear of losing ads or competition shaping coverage, and shares candid portraits of industry figures. The piece concludes the press is imperfect but superior to alternatives.
A rapid-fire series of wry observations on marriages shoes sleeves and household roles. The writer critiques double lives and debunks myths while poking fun at social rituals and the old days, ending with a note on conserving energy by giving up popcorn.
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