Ford proposes cabinet level energy department
President Ford urges Congress to create a cabinet level energy department by merging the Federal Energy Administration ERDA Federal Power Commission Bureau of Mines Rural Electrification Administration and certain Interior power functions. The plan aims to unify fragmented energy policy and accelerate development of alternatives like solar power with an initial budget around 7.19 billion and about 22 860 staff moving into the new department.
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Washington
Ford Tuesday
Ford
Congress
Jimmy Carter
Federal Energy Administration
FEA
Energy Research and Development Administration
ERDA
Federal Power Commission
Bureau of Mines, Rural Electrification Administration
REA
Terior
Carter
Defense
James R. Schlesinger
Ence
Bureau of Mines and
Richardson
Federal Energy
Energy Department
United States
New York task force urges emergency oil stockpile plan
A 3 to 6 month U.S. emergency oil stockpile financed by a tax on all petroleum products could curb embargo risks and deter export restrictions seen in 1973-74. Estimated cost exceeds 6 billion dollars for a three month reserve, with financing via a small security tax. The panel, organized by the Twenty-First Century Fund, also notes potential larger reserves.
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New York
Twentieth Century Fund
Peter Kenen
Princeton Economics
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