Democratic energy plan urges oil import quota
The Democratic Advisory Council proposed a short term oil import quota of 500 000 to 700 000 barrels a day to conserve energy without harming the economy. It also calls for a five year gasoline tax, rebates, mass transit funding, and shifts toward coal with a federal energy body and petroleum purchasing agency.
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Democratic Advisory Council
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Plan to reduce light bills eyed
Federal Energy Administrator Frank Zarb announced a radical inverted rate concept to limit electricity costs for homeowners. He pitched a fixed block price with a premium for usage beyond the block and urged minority contractor participation in energy projects.
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UPI
Frank G. Zarb
National Business League
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