Oil Association Seeks Legislation On Incentives For Exploration
The Oil association pushes for legislation to boost exploration and development on public lands with investment tax credits and aims for maximum private sector participation. Sen. John G. Tower of Texas is slated to speak, while Mead cites a threshold where oil imports surpass 20 percent of consumption and Eastern Hemisphere imports reach 5 to 10 percent, warning rationing could follow in peacetime.
MENTIONED IN THIS ARTICLE
John G. Tower
R-Tex
Mead
Nixon
Association
U.S
Nixon Residence Retreat Weather Draws Visitors
President and Mrs. Nixon spent time at a mountain retreat as overcast skies cleared to sunshine. Autumn foliage framed the visit with bright colors noted by observers and photographers.
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