Ship America oil bill eyed by House panel
The House Merchant Marine Committee exempted small refineries and sent to the House an oil imports bill requiring 50 percent of incoming oil to be carried by US flagships. Rep Glenn Anderson added a ship America provision for refineries importing under 90,000 barrels daily, arguing it helps small refineries compete. The panel met behind closed doors for two hours and approved two other measures to boost American shipping, facing broad opposition on the House floor. New England lawmakers fear higher fuel costs while midwesterners worry about precedent for commodities like grain.
MENTIONED IN THIS ARTICLE
Washington
House
Merchant Marine Committee
United States
Senate
Glenn Anderson
D-Harbor City
Anderson
America
Long Beach
Los Angeles Harbor
New England
Teamsters
Electrical and Chemical
Department of Defense
Great Lakes
Edward Garmatz
Garmatz
Joh
Blatnik
D-Minn
Compromise Amtrak Bill Clears Senate Action
A Senate voice vote approved a compromise bill to authorize new federal grants and loan guarantees for Amtrak, the National Railroad Passenger Corp. The plan promises better passenger service with $225 million in grants and a $2 million yearly boost to establish service links to Montreal, Vancouver, and Nuevo Laredo. It allows federal loan guarantees up to $150 million through mid 1973 and up to $200 million thereafter, covering total outstanding guarantees.
MENTIONED IN THIS ARTICLE
Washington
Amtrak
National Railroad Passenger Corp
Senate
United States
Vance Hartke
D-Ind
Montreal
Vancouver
Canada
Nuevo Laredo
Mexico
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