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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Mar 06, 1975
Page
3
A skeptical Congress is unlikely to act for at least a year on two administration proposals to delay stricter five year auto pollution standards. The odds only slightly improve after a one year delay in the antipollution program was announced.
Senate State Affairs hearings stretched seven hours as supporters and critics debated creating a three member elected Texas utility commission. Nassau Bay city attorney Dick Gregg urged adopting Clower’s bill arguing current law misleads residents about intrastate regulation. Critics warn rate base will affect prices and market dynamics despite promises of consumer relief. The committee recessed until Monday.
Washington AP reports private pension plans are ending at a higher rate since the new federal law took effect. In six months, 5879 plans closed, about one sixth above 1972 levels. the slumping economy and stricter standards drive closures as the Pension Benefit Guaranty Corp oversees insured benefits.
In Houston AP a top oilfield machinery executive urged a 10 year national energy plan to stabilize policy and foster free enterprise. Robert Emhyre president of National Supply warned that political talk harms confidence and delays oil and gas equipment production. He proposed a Kennedy era moon like mandate without costly programs. In London Kissinger showed guarded optimism for possible Sinai withdrawal terms while awaiting formal positions from Israel and Egypt and planning meetings with Greek and Turkish Cypriots.
Defense analysts say Phnom Penh’s airport remains capable of continuing operations despite a Mekong convoy disruption and shrapnel damage to a World Airways DC8. An 18000 ton carrier Okinawa could evacuate Americans if needed, while talks focus on rapid $222 million aid as the Cambodian government cautions against morale decline.
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