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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jan 16, 1975
Page
9
President Ford upholds market driven remedies for energy and inflation risks. He urges consumer choice in a free market while resisting rationing or import controls, highlighting a $250 yearly fuel price rise and a 2 percent CPI uptick for nine years.
President Ford unveiled an energy plan aiming to curb gasoline use with higher oil and petroleum product costs while reviving Project Independence for oil shale coal and offshore reserves. He paused aggressive air pollution rules, inviting Democratic opposition over inflation and rationing worries and potential economic disruption.
The LANDSAT spacecraft intended to monitor earth resources was postponed due to an electrical problem at Vandenberg Air Force Base. The 1,165 pound satellite, also known as ERTS-2, will launch from this site with a new date to be announced within a day, continuing the mission of ERTS-1.
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