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Energy Crisis / President / Cost of Living Council #226771

CBS Evening News for Wednesday, Dec 19, 1973
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(Studio) President proposes emergency tax on windfall oil profits caused by energy crisis.
REPORTER: Roger Mudd

(DC) Admin. increases ceiling price on crude oil. [Cost of Living Council dir. John DUNLOP - outlines reasons for incring. crude oil prices.] [NIXON - proposes tax on oil producers to make hardships of energy crisis more equitable.] Treasury Secretary George Shultz outlines revenue expected from new tax. [SHULTZ - states tax won't have adverse effect on consumer.]
REPORTER: Nelson Benton

Reporter(s):
Benton, Nelson;
Mudd, Roger
Duration:
00:02:20

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