Wholesale prices cut by Mobil for guidelines

By WITH ANALYSIS FROM MONITOR CORRESPONDENTS AROUND THE WORLD; EDITED BY DEBRA K. PIOT

May 23, 1980

New York

Mobil Oil Corporation cut wholesale prices of gasoline and aviation jet fuel 3 cents a gallon Thursday to conform to President Carter's administrative guidelines. Prices of heating oil and diesel fuel and other distillates were also cut by amounts ranging up to 3 cents a gallon.