In response to a Senate resolution the Federal Trade Commission last week reported that the oil code had cost U. S. motorists $160,550,000. In 272 cities covered by the survey up to Jan. 31, gasoline prices had risen an average of 1.04¢ a gal. since July 1, a month before the code was signed. The Commission also reported that combined State and Federal taxes, which have nothing to do with the code, averaged 5.14¢ a gal., or $700,000,000 annually. Highest State taxes were in Florida and Tennessee (7¢), lowest in Connecticut. District of...
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