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Economic crisis replaces energy crisis in Northeast
The energy crisis worsens the Northeast economy as oil costs soar. New England faces triple electricity costs, with utilities, heating, and industry relying on oil. NEPOOL and state officials seek federal action to equalize fuel costs under the 1973 act. Massachusetts Utilities Commissioner Meade warns of a likely national economic crisis if steps are not taken.
MENTIONED IN THIS ARTICLE
Boston
UPI
Northeast
New England
Oil Buyers Guide
New York City
New York
New England Electric System
Federal Energy Administration
Massachusetts Public Utilities
Robert L. Meade
New England Power Pool
Nepool
Meade
Nepcol
Thomas J. Gallighan Jr
Boston Edison Co