Nixon creates Federal Energy Agency to oversee energy policy
President Nixon announced a new federal energy agency led by William E. Simon to coordinate all energy activities. Simon warned Americans of higher prices and possible gasoline and home heating oil rationing, as the administration moves to confront shortages after the Mideast oil cutoff.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
Federal Energy Agency
Treasury
William E. Simon
FEA
Simon
John A. Love
Love
Colorado
Energy crisis prompts plan to shift oil rules nationwide
Cost of Living Council Director John T. Duntop said oil regulations will move to Simon's agency over several weeks. The plan includes price ceilings, profit limits, posted prices and octane ratings, and monthly pass through of costs by marketers. A proposed combined gasoline tax and rationing system could reach Congress by Christmas, with a potential tax of 30 to 50 cents a gallon and ration coupons for the first 10 gallons weekly. The Senate backed year‑round daylight saving time to save electricity, 68‑10, while a minimum wage rider was defeated 55‑25. Simon noted refining capacity declined as demand rose, and calls for temporary gasoline rationing grow amid energy strain.
MENTIONED IN THIS ARTICLE
Cost of Living Council
John T. Duntop
Council
Simon
Congress
al Ullman
House
Ways and Means Committee
John Hill
Office of Management and Budget
OMB
Treasury Department
Senate
Washington
Marlow W. Cook
Alaska
Arzona
Florida
Hawaii
Indiana
Kentucky
Michigan
North Dakota
South Dakota
Tennessee
Texas
Utah
James B. Allen
Dala
Robert Byrd
W. Va
Walter D. Huddleston
Mike Mansfield
Mont
Sam Nunn
James A. McClure
Idaho
Robert Taft Jr
Ohio
Robert Dole
Kan
Jesse Helms
N.C
William B. Saxbe
Cook
Peter H. Dominick
R-Colp
Nixon
Simon backs plan for a second Alaska oil pipeline
WASHINGTON UPI William E Simon the new energy policy chief said the administration will seek construction of a second trans Alaska pipeline to move North Slope oil faster and in greater amounts. He noted private industry would likely build it parallel to the first line linking Valdez to the West Coast while environmental concerns would shape any plan.
MENTIONED IN THIS ARTICLE
Washington
UPI
William E. Simon
Alaska
Simon
Congress
White House
Valdez
U.S
Nixon
North Slope
Canada
United States
Postal Service fuel cut by 1.7 million gallons
The U S Postal Service face a diesel fuel cut of 1.7 million gallons for December about 11 percent less than requested. Office of Petroleum Allocation head said the postal service will receive 13.3 million gallons as December needs and officials vow to avoid delays by keeping trucks fully loaded.
MENTIONED IN THIS ARTICLE
Washington
UPI
U. S. Postal Service
Eli T. Reich
Office of Petroleum Allocation
OPA
Reich
Elmer T. Klassen
Fire
Postal Service
Klassen
Also Mentioned on This Page
Energy Chief
Energy Emergency Action Group
Silvio 0. Conte
Rmass
Lee C. White
Consumer Federal of America
The
Atomic Energy Commission
Les Aspin
D-Wis
American Petroleum Institute
UPI Telephoto
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