Oil blackmail remark echoes as Jackson calls for North American energy policy
Senator Henry M. Jackson warned that oil exporting nations are blackmailing oil buyers amid Middle East tensions and rising OPEC price pressures. He urged a joint Canada U.S. energy board as part of a broad North American policy to curb dependence and bolster energy security, while Nixon’s program could hinder that path. California Governor Reagan addressed oilmen on environmental balance and energy self sufficiency as industry leaders outlined prospects for domestic discovery.
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