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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Dec 12, 1973
Page
19
Miami Beach AP reports Charles Binsted, president of the National Congress of Petroleum Retailers, warns a crude oil shortfall and limited refinery capacity will keep gasoline scarce for at least three years. He notes 65,000 independent dealers and argues against coupon rationing.
Oil prices in the Boston area have risen about 44 percent since last winter with forecasts of nearly equal gains before this winter ends. The Boston Consumers' Council cites an average price of 30.26 cents per gallon last week, up from 21.07 cents a year ago, meaning a typical 1600 gallon home heating bill could jump from 337 to 484 dollars.
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