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Gasoline Shortage #264573

CBS Evening News for Friday, Jun 22, 1979
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(Studio) Current wkend. predicted worst for E. seaboard. Situations in various sections reported New York City situation featured.
REPORTER: Walter Cronkite

(Carteret, New Jersey) States said calling for oil company reports of fuel in storage Film shown. [New Jersey Energy Commission Joel JACOBSON - blames oil companies] Exxon reported saying such reports would be meaningless. Oil industry trade association figures for fuel in storage given on screen. [GATX Terminals Incorporated David MOYER - says fuel storage space in demand.] Contrast between shortage of pumps and amts. of fuel in storage noted. [Gasoline station owner Jack McGEE - speaks of shortage of storage space.] Speculation in oil reported [New Jersey Gasoline Retailers Association Jerry FERRARO - notes doctor, dentist and lawyer peddling gasoline; wonders about shortage.] Tuesday film of oil tankers in DE Bay shown. Ships said unable to unload cargo due to shortage of storage space. Coast Guard says situation not irregular; GATX and oil companies denial storage tanks used to create shortage reported.
REPORTER: Ray Brady

Reporter(s):
Brady, Ray;
Cronkite, Walter
Duration:
00:04:00

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