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Energy / International Energy Agency Meeting / Senate Energy Bill #249308

CBS Evening News for Thursday, Oct 06, 1977
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(Studio) Mbr. ntns. of International Energy Agency, oil-consuming cntries., agree to sharply cut imports in hopes of preventing severe oil shortage in next decade.
REPORTER: Walter Cronkite

(Paris, France) Details of agreement noted; major share of cutbacks will have to be made by US. Energy Secretary James Schlesinger cites consequences if goals not met. [SCHLESINGER - notes possible shake-ups to social and pol. fndtns. of cntries. involved.] Other delegates to conference express concern that Congress might not pass President Carter's energy plan, and that without leadershipof US, there's no hope of avoiding 1985 crisis.
REPORTER: Tom Fenton

(Studio) Senator Finance Committee votes down last tax proposal in Carter energy plan, leaving tax part of plan to be written by conference committee
REPORTER: Walter Cronkite

(DC) Items in tax part of plan voted out by committee listed. [Abraham RIBICOFF - says committee and plan are mess right now. Notes there's confusion and no unity of ideas; says nothing that comes before committee now that indicates anything but anarchy.] [Russell LONG - notes length of time it would take to get tax measures out of committee , says bill will have to go without them for now.] Differences in Senate and House bills noted.
REPORTER: Nelson Benton

(Studio) Senator splits Carter energy plan into 5 sections, with tax section only 1 still to get full Senate vote. Section with regard to reformed utility rates is approved, in stripped down version, today.
REPORTER: Walter Cronkite

Benton, Nelson;
Cronkite, Walter;
Fenton, Tom

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