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Cargo Preference Bill Seen Doubling Fuel Estimates
The GAO estimates cargo preference legislation could lift annual fuel costs by at least 240 million dollars, potentially higher with added costs. The measure, backed by Carter, would require 9.5 percent of imported oil moved on U.S. flagships amid party contention over timing and national policy.
MENTIONED IN THIS ARTICLE
A . Times News
Washington
General Accounting Office
Commerce Department
John M. Murphy
D-N.y
Merchant Marine and Fisheries Committee
Elmer B. Staats
House
United States
GAO
Murphy
Carter
Defense Departments
Stuart Eizenstat
Robert S. Strauss