Sawhill Sees No Gasoline Lines This Summer
Washington based energy chief Joh Sawhill said the nation should not expect gasoline lines this summer though a fuel oil shortage may occur next winter. He cited new allocation and price control powers as reshaping energy policy and warned that the era of cheap energy is over. Sawhill described plans for a June conference with state regulators and utilities to reassess electricity pricing and stressed offshore and Alaska oil development over California.
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Joh Sawhill
Federal Energy Office
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California
Exxon Corporation
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Nader accuses fuel firms of suppressing energy ideas
Ralph Nader charged at a Senate hearing that fuel companies and allies in manufacturing suppressed energy saving ideas for decades. He cited enzymatic hydrolysis of cellulose as a potential fuel and food method and warned of corporate actions pushing wasteful consumption toward profit. Shell Oil’s Jerry Berger supported cautious optimism, noting Army labs work but acknowledging slow, uncertain progress.
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Washington
APT
Ralph Nader
Senate
Jerry G. Berger
Shell Oil Co
U.S. Army Labor
Dlaties
Berger
World oil surplus seen after embargo impact
World oil experts say conservation price resistance and higher foreign production create a surplus three months after the Arab embargo. Shell Oil’s Marty Bridges and Gulf Oil expect a four to five million barrel per day surplus by year end as exporters pace production to keep prices high.
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New York
Marty Bridges
Shell Oil
Gulf Oil
John L. Lichthlau
Hetroleum, Industry Research Foundation Inc
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