Noting the statement that the price of oil had increased from $1 .80 to $18.00 per barrel from 1970 to 1979, Mr. ... Responding to this question, Mr. Smithwick said that the price of a gallon of jet fuel which was approximately 12-14 cents in 1970, amounted to just over 70 cents in 1979. ... countries to increase their prices although there had been no decision to do so through any international organization.
|Title||:||Annual General Meeting|
|Author||:||International Air Transport Association|