Search the Archive

Gasoline Prices #244273

CBS Evening News for Thursday, Feb 12, 1976
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Gasoline prices decring.
REPORTER: Walter Cronkite

(Chicago, Illinois) Prices dropped average of $.06 gallon since Labor Day. Oil company overestimated nation's need for fuel during winter. [ "Platt's Oilgram" Herbert HUGO - explains about unneeded products.] Hard for dealer to make profit. Peak of $.65 gallon predicted for summer and lower prices for rest of `76.
REPORTER: Sharron Lovejoy

(Studio) Oil industry says President Ford's repeal of tariffs on imported oil and competition of low-cost self-service filling stations accounts for decrs. Independent operators say oil companies cut prices to force them out of business
REPORTER: Walter Cronkite

Cronkite, Walter;
Lovejoy, Sharron

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.