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Economy: Gasoline / Tax and Politics / The Price Chain #166651

ABC Evening News for Friday, May 03, 1996
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(Studio: Forrest Sawyer) Report introduced.

(Capitol Hill: John Cochran) The political debate over the gasoline tax featured. [Republican presidential candidate Senator Bob DOLE, American Trucking Association Thomas DONAHUE, Service Station Dealers of America Melvin SHERBERT - call for a repeal of gas tax increase.] [Senator John BREAUX - opposes the repeal.]

(Studio: Forrest Sawyer) Report introduced.

(Washington: Lisa Stark) The reasons for the increase in gasoline prices and where the money goes examined; statistics cited. [American Petroleum Institute Edward MURPHY, wholesaler Rick CANADY, service station owner Carl LOTTO - comment.] The role of the United Nations embargo of Iraqi oil, the cold winter and crude oil prices on the gasoline price chain and the reasons for regional price differentials detailed.

Reporter(s):
Cochran, John;
Sawyer, Forrest;
Stark, Lisa
Duration:
00:04:40

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