ATTITUDES: Return of the Heavy Foot

Spring—the beginning of the American motoring season—has come, and every bit as welcome as the return of greenery and birds is the return of gasoline. The Federal Energy Office made it official last week: stocks are high and the first postembargo shipments of Arab oil will arrive within the month. But the FEO also issued a warning. Because domestic refineries do not have enough capacity to fill an unrestricted demand for gasoline there will be continuing shortages—4% in this quarter and up to 5% for the rest of 1974—unless drivers continue to...