Monday, Jul. 06, 1942

Gasoline Up

OPA let Eastern seaboard gasoline leak up through its price ceiling again last week--up 2-c- to cover the cost difference between tanker transportation before Pearl Harbor and rail transportation now. It was a real setback for price control, but it was not the kind of setback that people would get excited over. The average citizen found it hard to see any moral reason why the taxpayer should be soaked for a subsidy of up to $100,000,000 to make it cheaper for motorists to buy gasoline the Government would much rather they would not buy. For the time being, fuel oil prices were kept unchanged.

This file is automatically generated by a robot program, so reader's discretion is required.