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Carter / Energy Plan / Oil Companies #248924

CBS Evening News for Thursday, Oct 13, 1977
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(Studio) President Carter takes on big oil in urging Congress to approve his energy plan and head off biggest ripoff in history.
REPORTER: Walter Cronkite

(DC) Carter delivers perhaps most sharply worded speech of president [CARTER - notes earlier statement with regard to energy crisis being moral equivalent of war; says there's potential for war profiteering, that could become biggest ripoff in United States history. Says energy plan is fair to both consumers and oil industry, but apparently oil industry wants it all. Notes money at stake; says question is whether money will go to consumers and industry in fair way or all go to industry, at expense of consumer. Can't overemphasize important of question; is up to Senator Has confidence in Senate and believes bill will come out of legislature session as reasonable policy established for country Says this is most important domestic issue in administration and calls on public to encourage Congress to act accordingly.] [Reporter Bob JAMIESON - asks if admin. and people in Senate, like Russell Long, shouldn't take some of blame.] [CARTER - takes share of blame, though doesn't know how to define it. Thinks Long is working hard to come up with acceptable bill. Isn't trying to put all the blame on oil industry; part of it is on self, predecessors and American people for wasting too much energy.] President is asked if he would try to cut energy consumption by gasoline rationing and imported oil tax increase, if Congress refuses. [CARTER - says he and Energy Department will consider many options, but one would be gasoline rationing.] Aides say rationing would have to be approved by Congress, and would only be considered in emergency. [CARTER - notes people saw need for conservation of energy in oil embargo of 1973, but says they don't recognize seriousness of present and future problems. Is trying to prevent new crisis, not just react to one.] Pol. important of administration success in energy plan noted.
REPORTER: Bob Schieffer

(Studio) Upcoming item noted.

Reporter(s):
Cronkite, Walter;
Schieffer, Bob
Duration:
00:06:10

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