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End of price controls for oil proposed as phased plan
A proposal urges immediate end to petroleum product controls and a gradual decontrol of oil prices. It outlines a staged path: phase out old and new oil pricing with frozen prices during transition, exclude frontier oil from controls, and maintain limited allocations temporarily. The plan stresses avoiding shocks, reducing consumer costs over time, and advancing a national energy strategy before Nov. 16.
MENTIONED IN THIS ARTICLE
Congress
Mobil
U.S
United States
Organization of Petroleum Exporting Countries
OPEC
Cariel
America
All
Continental
Alaska
California
Atlantic