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Summer forecast warns of gasoline shortage across nation
UPI reports Deputy Treasury Secretary William E. Simon warned Congress that fuel stocks are low with 47 million barrels consumed weekly against 43 million produced. He said possible fuel priority decisions may be needed while avoiding broad government regulation. San Francisco PUC denies reconsideration of Pacific Southwest Airlines Air California deal 3-2.
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Washington
UPI
Congress
Treasury
William E. Simon
Simon
House
Senate Joint Economic
San Francisco
Pacific Southwest Airlines
Air California
State Public Utilities Commission