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Oil import quotas abolished amid energy policy shift
Washington reports the controversial oil import quota program is abolished as New England lawmakers question why their arguments against it are now favored. Nixon’s energy message seeks to boost domestic production by incentives, including extending investment tax credits to oil and gas for new wells.
MENTIONED IN THIS ARTICLE
Washington
New England
Nixon
Texaco
Annon M. Card
Joint Economic Committee
United States
Melniore
Edward M. Kennedy
D-Mass
Silvier Cante
R-Mass
William E. Simon
OPEC
U.S
America
Congress