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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Jul 02, 1979
Page
6
Editorial notes a Dutch technical college's experimental model wins a fuel economy contest achieving just over 9 mph top speed. At 2,070 miles per gallon, it outpaces the energy crisis though its cigar shape requires the driver to lie on his back to reduce wind resistance.
In 1969 the Cuyahoga River in Cleveland caught fire, stoking national ire and fueling the early environmental movement. Decades of cleanup have transformed the river from thick sludge to a brown flow, inviting birds and fish again and demonstrating societal and technological resilience amid energy worries.
A wire report marks a century since the first 5 and 10 cent store opened in Lancaster Pennsylvania. None of the chain’s outlets now sell a nickel though a few items still fetch a dime. An artificial rose a bubble pipe and a comb illustrate current low pricing and highlight nostalgia for the old days.
AP reports the auto rental industry enjoys strong growth as fuel shortages lift demand. Hertz and Avis see 17 to 25 percent profit jumps, with higher daily rates and mileage charges offsetting fuel costs. Air travel lure boosts volume, while fleets exceed 5.3 million vehicles and $20 billion in revenue.
On this date many major events are recapped including Garfield being shot in 1881 and dying later, Lincoln signing the Morrill Act in 1862, the Sherman Antitrust Act in 1890, Earhart last heard in 1937, Vichy government move in 1940, Johnson heart attack in 1955, Hemingway suicide in 1961, U Thant chemical weapons call a decade later, Nixon Kremlin speech five years ago, and Nixon dedication in Hyden Kentucky a year ago warning against global communism and urging US military strength.
Washington report notes gasoline and heating oil shortages stem from profligate consumption and indecisive regulation but assigns substantial blame to oil companies. Investigations by three federal agencies probe why inventories of gasoline and heating oil were allowed to fall from a planned 1978 hedge, after a coal strike materialized but the OPEC price rise did not.
Washington group Energy Action warns of deeply depleted heating oil and gasoline stocks in four years. Despite added crude and refining capacity, winter shortages and Iranian disruption pressured supplies. Investigations by FTC and DOJ loom as officials probe possible energy or antitrust violations amid rising prices.
The August 1978 Cabinet meeting scene shows President Carter chastising officials to treat meeting minutes as confidential. Reports reveal secret Cabinet minutes from 1977 to 1978, exposing candid debates on energy, economy, and foreign affairs amid leak worries and Nixon era paranoia.
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