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House Passes Broad Fuel Allocation Bill Amid Oil Cut Threat
The House approved a sweeping mandatory fuel allocation bill to take effect within 25 days, aiming to distribute crude oil and refined products based on last year’s shares. It shelters essential services and allows price pass through, despite White House opposition, as Arab states flag production cuts.
MENTIONED IN THIS ARTICLE
Senate
Silvio O. Conte
D-Mass
Torbert H. MacDonald
Nixon
William B. Widnall
R-N.j