Shortages fuel profiteering in energy crisis editorial
The New York Times columnist Russell Baker notes price gouging amid the U S energy shortage. Oil gas and electric firms may profit while consumers face higher bills and reduced service. Economist Murray Weidenbaum supports higher energy prices but questions impact on the poor and middle class. Readers are invited to share their profiteering observations via letters to the editor.
MENTIONED IN THIS ARTICLE
New York ‘Times
Russell Baker
U. S
Europe
Asia
Electric Company
Philadelphia Electric
Murray L
Weidenbaum
the Treasury
Alan Abelson
Barron's Financial Weekly
Washington
New York
First National
Fortune
Local lawmaker targets emission devices to save gas
State Senator Clarence Bell of Upland plans a bill to allow disconnecting emission control devices on late model cars to conserve gasoline. He claims the devices worsen shortages, a contention opponents call reckless and unsupported by facts. The piece warns against rolling back environmental safeguards amid the energy crisis.
MENTIONED IN THIS ARTICLE
Congress
Clarence’ D. Bell
15Th
Upland
Energy policy clash marks Nixon energy crisis alert
Washington commentary blames the Nixon administration for failing to foresee the energy crisis and highlights three officials who urged action. James Akins faced demotion for tough policy stances, William Simon pressed for faster change, and Henry M. Jackson long pushed for action, culminating in a fuel allocation bill signed after delays.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Wixon
James Akins
Saudi Arabia
Treasury
William Simon
Stultz
New’ York
Simon
Akins
Economy Hears Worst Predictions Amid Oil Crunch
Las Vegas forecasters revisit 1974 inputs and outputs as oil shortages loom. Heller, Bowen, and ABELSON warn forecasts are unreliable and potential recession looms. Bank analysts flag slowdown yet uncertainty persists while prices rise. Senate figures fear massive layoffs, labor withdraws support from anti-pollution bills amid shortages.
MENTIONED IN THIS ARTICLE
Las Vegas
Henry M. Jackson
Wash
Business Week
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Delaware
Conny Daily of Hers Times Rev Men
Bell
Environmentali Sy
L.A. T
U.S
State Department
Foreign Affairs
White House
John Ehrlichman
Ehrlichman
Charles J.dibona
Henry Jackson
Colorado
John Love
Jackson
Delaware County Daily Times
Central States Publishing, Inc
8Th St
Chester
Ronald‘a. Hedley
Arthur E. Mayhew
Walter Heller
Council of “Advisers
Kennedy
Johnson
Mercier
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