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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Feb 11, 1975
Page
3
Urgency marks four days of Interior Department hearings on offshore oil development with 167 witnesses ready to quiz officials. The plan targets untouched Atlantic coast areas amid intense debate over energy policy and environmental impact.
President Ford told Kansas lawmakers he would propose an energy related tax rebate to aid farmers and promised the farmer will receive fuel as long as he is president. He said a rebate program to offset higher energy costs from conservation would be drafted and announced soon. Ford noted the conservation program would raise costs but pledged action.
In Houston the oil industry urged President Ford to include clear incentives to boost domestic production. Leaders like George Mitchell and M A Wright warned the windfall profits tax without plowback provisions would hurt independents who drill most wells. Governors urged allowing profit plowback and kept focus on avoiding rationing.
President Ford visits Texas to a warm welcome from schoolchildren but faces a blunt warning from GOP leaders that a Ford Rockefeller ticket would struggle in Texas. Fourteen state Republicans and business leaders press for support of a plowback tax incentive for oil profits, stressing energy policy as a key issue.
Washington reports the FDA authorized DES for postcoital use as an emergency contraceptive with strict labeling and patient information. The move may raise DES prescriptions though long term cancer risk remains uncertain, and use is limited to emergencies such as rape.
Lion Country Safari ownership shifts to Parchi Naturali S.P.A. of Italy after losses of over 2 million since 1972 at the Georgia park and a Texas site. The Italian firm plans investments to revitalize the Atlanta area attraction while Lion Country Safari Inc. remains manager of parks in California Florida Ohio and Virginia.
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