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Breaks Seen Easing U S Energy Crisis Outlook
Treasury Secretary George P Shultz says good breaks could blunt next year’s energy crisis, aided by Americans cutting energy use. An adviser mentions a possible excess-use tax on gasoline over 14 gallons weekly for the first car and seven for the second. Defense plans to divert 1.5 million barrels of fuel are being reconsidered. Shultz cites milder weather until recent snow storms as helping reduce impact.
MENTIONED IN THIS ARTICLE
Gregory Nokes
Associated Press
Washington
Treasury
George P Shultz
Nixon
Shultz
William Johnson
William F. Simon
Consumers Advisory Committee
Johnson
Congress
Defense Department
Federalnergy Office