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Newspaper
The Times Herald Record
Location
Middletown, New York, United States of America
Date
Jun 20, 1975
Page
8
President Ford asks Congress for mandatory prison terms, higher fines, and tougher gun sale rules to curb violent crime. He seeks up to 50 thousand dollar victim payments, a model criminal code for states, and 50 million dollars yearly for five years to fight high impact urban crime. He targets hijacking, drug trafficking, and repeat offenders.
President Ford unveils a broad package including recodification of federal law and higher penalties with fines up to 100000 for individuals and 500000 for organizations. He calls for mandatory minimums for crimes involving weapons hijacking kidnapping and hard drugs and repeat offenses while proposing reforms to justice, rehabilitation, and enforcement.
The House approved a scaled down energy tax bill by 291 to 130 aimed at limiting oil imports and penalizing cars with low miles per gallon. It would start import quotas, tax business use of fuel, and offer breaks for home insulation, electric cars, and solar equipment.
Representative Gibbons criticizes the bill as a loophole filled Christmas tree while Ullman cites 575 000 barrels daily in 1977 and 2 million by 1985. Ford's plan aims to curb usage via price hikes and would save 1 million barrels a day now and 2 million by 1977. Republicans say the energy tax bill fails to boost production and are joined by oil state Democrats.
Federal Energy Administrator Frank G. Zarb told Americans they would have plenty of gasoline this summer despite a 6 percent drop in stocks. He criticized media forecasts of shortages as unjust and warned such reports could trigger panic buying. He could not explain why refineries ran at reduced capacity while crude oil stocks rose 5 percent.
UPI reports US Geological Survey slashes Atlantic offshore oil estimates by 80 percent, predicting 2 to 4 billion barrels offshore to 650 feet, down from 10 to 20 billion. National totals fall to 10 to 49 billion barrels. Interior Department plans first Atlantic leasing next year with 20 companies eyeing sites from New Jersey to Maryland.
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