Energy Crisis / Government Proposals / Gasoline Production

Energy Crisis / Government Proposals / Gasoline Production #24067

ABC Evening News for Wednesday, Dec 12, 1973
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(Studio) Energy czar William Simon announces administration's master plan to get US through winter with energy crisis.
REPORTER: Howard K. Smith

(DC) Most drastic proposal calls for cutting gasoline refinery production 25%. Emergency services, farmers, public transportation, and mil. to receive more gasoline than private consumer. Airlines to suffer 15% fuel cut in January Allocation details further outlined.
REPORTER: Roger Peterson

(Yorktown, Virginia) Amoco refinery in Yorktown unable to cut back gasoline production more. Home heating oil and diesel fuel at top production; government wants even more distillates produced. [Refinery manager A.G. CLARK - says unless there's relaxation on sulfur content, distillate production at maximum now. [CLARK - doesn't believe it's feasible plan.]
REPORTER: Stephen Geer

(Studio) Govt. provides 8-day period for public comment before new energy regulations put in effect. Price increases inevitable for gasoline if production cut. Raw crude petroleum to be more expensive; increase to be passed on to consumer.
REPORTER: Howard K. Smith

Reporter(s):: Geer, Stephen;; Peterson, Roger;; Smith, Howard K.
Duration:: 00:04:20

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