House panel backs Ship America oil import plan with refiners exemption
The House Merchant Marine Committee approved a bill requiring 50 percent of U S oil imports to be carried by American flagships. An Anderson amendment exempts small refineries under 30 000 barrels daily, costing about 400 000 yearly in transport, to aid competition with large oil firms. The panel kept other changes to align with the Senate and relieve New England fears over fuel pricing.
MENTIONED IN THIS ARTICLE
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House Merchant Marine Committee
House
United States
U.S
Senate
Glenn Anderson
Harbor City
Anderson
America
Long Beach
Los Angeles Harbor
New England
Northeast
Teamsters
Electrical and Chemical
Department of Defense
Great Lakes
Garmatz
Blatnik
D-Minn
Compromise bill on Amtrak approved by Senate
The Senate approved a compromise bill authorizing new federal grants and loan guarantees for Amtrak the National Railroad Passenger Corp. The plan would fund $226 million in grants and add $2 million annually to establish service links to Montreal Vancouver and Nuevo Laredo. Federal loan guarantees reach $150 million through June 0 1873 and up to $200 million thereafter.
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Washington
Amtrak
National Railroad Passenger Corp
Senate
House
United States
Vance Hartke
D-Ind
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