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Energy Sources / Weather #250427

CBS Evening News for Tuesday, Feb 15, 1977
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(Studio) Franklin D. Roosevelt called for national energy policy in 1939; Carter says he's preparing 1 now. Problem in formulating such policy is lack of knowledge of extent of resources.
REPORTER: Walter Cronkite

(Newark, New Jersey) Report on present and future resources of fuels like coal, oil and gas. Controversy with regard to reality of fuel shortages noted. 1908 statement with regard to United States shortage of oil supply by United States Geological Survey noted. [MAN - says ind. concerns now are to get fuel to all it's possible to get it to. Says by end of 21st century oil and gas stocks will be much depleted.] [Senior analyst for National Econ. Research Associates Harry PERRY - says if higher prices paid more fuel will be produced but not necessarily at higher profit due to production costs.] Oil industry's reasons for requesting higher prices noted. [2nd MAN - says he can't see claim of running out of petroleum reason to give industry more money, because it's common way to get high prices today.] Other types of energy like solar, nuclear, and geothermal must be developed now for future use and problem will be to stretch fossil fuels out till then and at price people can afford to pay.
REPORTER: David Culhane

(Studio) National Weather Service says January officially coldest 1 in E. United States in 1 77 years. Forecast is for more below-normal temperatures, which could make winter coldest since country founded. Due to recent warm trend barge traffic on Mississippi River from Saint Louis, Missouri, to Cairo, 11, now moving again. Ind. production decline in January due to weather noted.
REPORTER: Walter Cronkite

Cronkite, Walter;
Culhane, David

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