U.S. oil and gas output lag two years after embargo
Federal Energy Administrator Frank Zarb announced two years after the Arab oil embargo that U.S. domestic oil and natural gas production fell about 8 percent and 11 percent respectively, while coal rose slightly and nuclear power grew. He warned that production would not rebound quickly due to lead times and regulatory uncertainty.
MENTIONED IN THIS ARTICLE
Washington
United States
Frank Zarb
Zarb
U.S
Outer Continental Shelf
Alaska
FEA
John Hill
Hill
Congress
Ford
Public opinion splits on real energy shortage
A June survey for the Federal Energy Administration found 45 percent of Americans believe the energy shortage is real, 32 percent say it is contrived, with 28 percent unsure or holding both views. Admin Frank Zarb noted a year earlier 32 percent believed it real.
MENTIONED IN THIS ARTICLE
FEA
Arthur D. Little Co
Frank Zarb
Senate votes for price break on natural gas and delayed decontrol
The Senate approved Hollings amendments to a natural gas bill allowing residential users to retain old gas prices as decontrol starts, and delayed the phased decontrol until April 4 1976. Industrial users would face new prices with two tier rates set by state utilities commissions. The Kennedy Abourezk divestiture debate looms, with industry warnings about higher gasoline costs and halted projects like the Alaska pipeline.
MENTIONED IN THIS ARTICLE
Washington
Senate
Ernest Hollings
D-S.c
James Pearson
R-Kan
Lloyd Bentsen
D-Tex
Hollings
Pearson
John Glenn
Ohio
Edward Kennedy
Dmass
Kennedy
James Abourezk
D.D
Abourezk
Frank Ikard
Texas
American Petroleum Institute
API
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Linderay” Medical Clinic
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Pine Ave
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I.R.A
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Western Ave
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Dallas/ Ft.Worth
Royal Service
Nonstop TriStar
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Walt Disney World
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Discover America
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American Express
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Ken Booth
AIR Lines
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