Energy Policy Act Signals Small Gasoline and Heating Oil Cuts
The Energy Policy and Conservation Act approved by Congress and signed by President Ford aims to trim oil prices. Estimated cuts include about three cents per gallon for gasoline and heating oil, with a reduction in US crude price from 8.75 to 7.66 per barrel and a removed $2 import fee. Projections suggest two to three cent relief, likely temporary, amid phased end to price controls over 40 months. US crude production falls to 8.3 million barrels daily, with imports about 40 percent of demand, and Middle East supply linked to broader regional tensions and possible oil cutoff if conflict widens.
MENTIONED IN THIS ARTICLE
Congress
United States
Ford
Federal Energy Administration
Lea
Middle East
Israel
Postal Service faces 1.4 billion deficit and rising costs
Five years after the Post Office Department became the Independent United States Postal Service, deficits loom at 1.4 billion this year while letter postage climbs to 13 cents and could reach 23. Critics debate privatization versus keeping service universal, with rural post offices closing despite mail's essential role for business and personal communication.
MENTIONED IN THIS ARTICLE
Congress
Post Office Department
U. S. Postal Service
Postal Service
Benjamin F. Bailor
Art for War Sake and Looted Treasures Across Eras
A survey traces art theft and seizure from Picasso and Goering to World War II plunder, noting Guernica’s contested guardianship, Goering’s vast collection, Wagner manuscripts missing, and postwar claims over Hungary’s Crown of St Stephen. It also touches on Chinese Nationalist art in Taiwan and a New York high school senior’s cigarette comment.
MENTIONED IN THIS ARTICLE
Pablo Picasso
Hermann Goering
Picasso
Guernica
New York
Museum of Modern Art
Jacqueline Picasso
Agence France Prewne
Spain
Juan Carica I
Reich Marshall Goering
Hitler
Olver
Albert Speer
Deaser
Goering
Gauleiters
Idiatric Snyders
Altler
Richard Wagner
United States
U.S
Hungary
St. Stephen
Taiwan
China
Taipei
O& A
Navy in Poor Shape To Patrol The Seas
A Washington examination accuses the U S Navy of neglect and mismanagement after a string of at sea collisions. It cites the JFK Belknap crash, Saratoga incidents, and outdated gear, warning Soviet fleets gain on U S sea power while morale and discipline decline.
MENTIONED IN THIS ARTICLE
Washington
U.S. Navy
Itr
Independence
Saratoga
Ionian Sea
JFK
Belknap
Pty
Navy
Pest
San Clemente
California
Ford
White House
Military
Pentagon
Inler Mississinewa
Florida
U.S
High Seas
Baltic
Barents Seas
Mediterranean
Indian Ocean
Siberia
Pacific
Claude V. Ricketts
Jfk Belknap
Robert Dunnt
Ford promotes new Pacific Doctrine amid foreign policy warnings
The article critiques President Ford’s Pacific Doctrine amid claims of its vagueness and potential misreads. It argues the plan may reveal U S weaknesses, with six points including defending Southeast Asia’s stability while signaling reduced on-ground involvement in Asia. It also notes tensions with China Korea and North Vietnam and questions how the doctrine will deter adversaries.
MENTIONED IN THIS ARTICLE
New York
Ford
White House
U.S
Indochina
Laos
Cambodia
Tweedledee
North Vietnam
South Vietnam
Washington
Eantime
United States
Asia
China
Indonesia
Peking
Taiwan
Falpes
Korean
Kim Il Sung
Pyongyang
Greece
Turkey
Soviet Union
Czechoslovakia
Moscow
Political shaking out in Florida primaries
The piece argues primary politics are emotional and risky shaping the Republican race toward the May 9 Florida primary. It notes Reagan Ford dynamics, poll disputes, salesmanship, and the aim to appeal to broad factions, with skepticism about immediate gains for the unemployed and a critique of staged outcomes.
MENTIONED IN THIS ARTICLE
Orlando
Fla
Florida
Reagan
New Hampshire
Henes
Johnson
Eugene McCarthy
Hawking
Ford
Hoburn
John Coleman
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Reinzi
Obersalzburg
New York City
Hgh
Droken Rienrettes
Aviltain
Iapeetort Sve
I Lavyre
Simon
Tam the
Watergate
William L Byan
Tint
Korea
Rake
Breton
Mas