Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio) Senator William Proxmire heads joint Congress subcommittee investigating energy crisis.
REPORTER: Walter Cronkite
(DC) Energy chief William Simon assures committee energy crisis is real. [SIMON - admits mandatory rpting. systems needed for oil companies to release profits and supply data.] Questioned about retail prices. [SIMON - says 55% of domestic oil consumption not controlled by government prices.] [PROXMIRE - asks Simon about limit on prices at gasoline pumps.] [SIMON - hedges question. Doesn't think price will jump to 70 cents per gal.] [Consumer advocate Ralph NADER - believes energy crisis for consumers exists, but no shortage exists. Oil companies in collusion with government to make quick profit.] President meets with Simon to review energy situation.
REPORTER: Nelson Benton
- Benton, Nelson;
- Cronkite, Walter
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
- You may request a loan of this video by registering on our website and placing an order.
- You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
- If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.