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Energy / Gasoline #263298

CBS Evening News for Friday, Apr 20, 1979
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(Studio) Price-gouging chgs. against 20 Florida service stations by Energy Department detailed.
REPORTER: Walter Cronkite

(Fort Lauderdale, Florida) Gasoline situation in south Florida outlined; necessity for station owners to rely on independent dealers due to major oil company cutbacks cited as one reason for price gouging. Delta Petroleum Corporation of Fort Lauderdale featured as example of independent dealer affecting station prices. Role of deputy sheriffs in illegal operation noted. Delta's allegations of receive gasoline from Amoco and Cities Service noted; Cities Service denial stated. Delta also noted as delivering for Marathon. [Delta owner Ralph NICHOLS - notes he's regulated by federal government; comments on station owners' prices.] American Auto. Association investigation of Delta examined [AAA spokesperson Ugene ADKINS - confirms overchging. by Delta.] Delta's demand that Adkins, posing as potential buyer, purchase 10,000 gal. rather than the requested 5,000 cited as indicative of lack of fuel shortage for Delta. [ADKINS - comments on findings.] [AAA spokesperson Daniel MILLOTT - comments.] Advantage of middlemen to oil companies with regard to increase gasoline prices considered
REPORTER: John Sheahan

Cronkite, Walter;
Sheahan, John

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