Nixon Antitrust Aide Urges End to Oil Import Quotas
Assistant Attorney General Richard W. McLaren, head of the Justice Department antitrust division, urged abandoning mandatory oil import quotas. Herecommended replacing quotas with a selective tariff and a twofold plan to foster competitive domestic production and ensure reserves for emergencies. He warned quotas raise costs for consumers and harm efficiency.
MENTIONED IN THIS ARTICLE
Richard W. McLaren
Justice Department
Antitrust Division
New England
Machiasport
Maine
McLaren
Oil industry fights Nixon import quota plan
Major oil firms opposed a proposal to end oil import quotas, arguing removal would harm domestic exploration and the economy. Assistant Attorney General Richard McLaren urged Cabinet review, with companies stating they would respond in July. Industry leaders warn national security and balance of payments would suffer if controls vanish.
MENTIONED IN THIS ARTICLE
McLaren
Justice Department
Dwight D. Eisenhower
U.S
Middle East
New York
Richard W. McLaren
Wifair
Mobu. Owl Cori
Movil
American Petroleum Institute
Standard Oil Co
New Jersey
Atlantic Richfield Co
Gulf Oil Corp
Texaco Inc
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Arte
Lesa
Nixon
Washington
Nixon Administration
George P. Shultz
Senate Antitrust Subcommittee
Antitrust
Eureka
Bear Brand
Wavecrest
Erlon
Bacilla Imported
Pittsburgh
Walker's the Friendly Store
Long Beach
Serene
McFlof
Jacquard Oriental
Dacron
DuPont Dacron
J. P.stevens
Dacran
Meni‘s
Ripon
Jane
Pantyhose
Suniga
En Street
Arves
Val
Bissell
Lawar
Bermuda
Darling Debs
Lizac
Victoria
Debs
Perma Press
Shellow. CO
Aandling
Pine — DO
Lakewood Center
Lakewood Blvd
Torrance
Hawthorne Blvd
PMU Dlc
Tin
Ted
Los Altos Center
Bellflower
Bellflower Blvd
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