Page Ten'

THE MICHIGAN DAILY

Tuesday, 06taber l6, 1973

~Page Ten THE MICHIGAN DAILY Tuesday, October 16, 1973


Price hikes for oil now OK

Krasny talks

'11I III iui IIEI !i i

(Continued from Page 1)
only in full one cent increments to
recoup increased costs of imports
and domestic crude petroleum on
a dollar-for-dollar basis.
Council Director John Dunlop
said "refiners and resellers can-
not increase their prices until they
have accumulated costs sufficient
to justify a one cent per gallon in-
crease. Retailers, in turn, can then
simultaneously increase their sell-
ing price to reflect the penny in-
crease charged to them."
Dunlop said that the council's
action would assure an automatic
cost pass-through at all levels of
distribution but "the discipline of
the penny increment rule will make
price changes more orderly, sim-
plify their measurement and help
consumers as well as officials of
the economic stabilization pro-
gram to monitor price ceilings."
CHARLES BINSTED, president
of the National Congress of Pe-
troleum Retailers, said the grant-

ing of the automatic pass-through3
would meet the major complaint of1
gasoline retailers 'about Phase 43
controls. i
Major petroleum companies have
been allowed to increase wholesale
costs of gasoline and other petro-
leum products to reflect higher
costs of petroleum imports and do-
mestic production, but retailers
have been prohibited from passing
through these costs without coun-
cil approval.
Meanwhile, the Environmental
Protection Agency (EPA) proposed
a plan yesterday to limit deliveries
of gasoline to California cities that
could completely cut off supplies to
Los Angeles. The head of that ag-
ency immediately admitted that the
idea was "unreasonable."
RUSSELL TRAIN, director of the
EPA, said his agency was forced
to draw up the plan.
"Achieving reductions in gaso-
line use of 60 to 80 per cent or more
-as several major urban areas
may need to do by 1977 in order to
meet the law's national air quality

requirements - is almost certain- to
ly unreasonable," Train told a

Council

news conference. (Continued from Page 1)
"It could produce substantial eco- ously objected saying he had many
nomic and social disruptions." more questions to ask. But the Re-j
publicans, who posed few questions,
THE EPA IS required under the supported the move, which passed
1970 Clean Air Act to issue a plan 74
for reducing air pollution when the In other voting matters, councilj
states involved fail to produce an gave preliminary approval to a'
effective plan. measure allowing many fraterni-
Train said the plan could force ties and sororities to be used as
a complete cut-off of gasoline for boarding houses in the future.
Los Angeles and a 53 per cent cut THE ORDINANCE will change
in supplies for San Francisco if the zoning in areas containing
other parts of the plan, such as in- most fraternities and sororities to
creased use of mass transit and allow r o o m i n g houses. Many
higher parking fees, failed to bring groups, including the University,
about significant reductions in pol- fear these buildings will be con-
lution. verted to boarding houses if the
Train said that only Congress zoning change is given final ap-
could delay implementation of his proval.rthe Inter-
ageny's unresonale" lan. A representative from teItr
agency's unreasonable plan. Cooperative Council spoke against
NEW STORAGE TECHNIQUE the proposal saying it would re-
move control of housing from stu-
MANILA (UPI) -The storage dents and give that control to
life of vegetables can be extend- business interests.
ed by exposing them to con- Despite objections raised by De-
trolled amounts of Gamma Rays Grieck and Jones, council voted
of Cobalt 60, according to the in favor of the ordinance, as Nor-
Philippine Bureau of Plant In- ris Thomas (D-First Ward) sided
Phiippne ureu o Plnt n-with the Republicans. A public
dustry which has conducted re- hearingon the matter haspbeen
search in the field. scheduled for Nov. 5.

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OPEN 4:00-2:00
PLUS DISCOUNT PRICES ON LIQUOR
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341 S. MAIN ANN ARBOR
LIVE ENTERTAINMENT SUNDAYS

SPECIAL! HOT CHOCOLATE

Tryouts for
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ITHE BALD SOPRANO,
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3 female parts
Tuesday, Oct. 16-2-4 p.m.
Wednesday, Oc.1-10p.m.
Thursday, Oct.18-8- p.m.
AT THE
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1st floor, Michigan Union

Everyone
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West Conference
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RACKHAM
LOTS OF FOOD

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HOMECOMING
RING DAY
official U. of M. Ring
LARGE SELECTION
University of Michigan Lobby

Wed.-Fri., Oct.17-19

Hours 11-5

HOMECOMING
RING DAY SPECIAL
FREE SIGNATURE IN GOLD
Josten's Representative will assist you


$12.00 DEPOSIT

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WIN

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