Energy Regulation Key To Power Crisis
Washington AP reporting on a nationwide energy shortage crisis driven by fragmented regulation across gas, oil, coal, and uranium sectors. Major oil firms increasingly control multiple energy inputs, while regulators acknowledge inconsistent policies and rising prices. Public power groups warn of monopoly risk and higher utility costs as companies reallocate refinery yields to fuel oil.
MENTIONED IN THIS ARTICLE
Washington
United States
Federal Power Commission
Interior Department
Associated Press
Federal Trade Commission
Justice Department
Antitrust Division
FPC
Congress
Total Energy Companies
Atomic Energy Commission
Alex Radin
American Public Power Association
APPA
U.S
Gulf
Standard of New Jersey
Texaco
Radin
Farm subsidy rules loom under new cap limits
Agriculture Department weighs enforcing a $65,000 per crop yearly cap on payments to any one farmer and how much savings it will yield. Officials plan tentative 1971 programs for cotton, wheat and feed grains with set-aside rules and certificate payments awaiting market data and 1970 production figures. A national report due December 18 will influence final decisions as USDA urges higher crop output in 1971 and plans to move over 2 million acres from idled status back into production.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
The
Agricultural Stabilization and Conservation Service
Kennedy E. Frick
ASCS
USDA
J. Phil Campbell
Campbell
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