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Energy / Oil Co. Profits #260743

CBS Evening News for Thursday, Oct 25, 1979
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(Studio) President Carter's response to oil profits reported this week quoted.
REPORTER: Walter Cronkite

(New Brunswick, New Jersey) Carter's remarks to White House-organized oalition for Windfall Profits Tax outlined. [CARTER - warns of administration action to be taken if ong. action isn't satisfactory.] Possible implications of President's remarks for oil companies considered; Carter's remarks at New Jersey conference on car pooling detailed. [CARTER - comments on difficulties of forging national energy program.] President's ability to combine energy and pols. said exemplified in announcement by New Jersey Governor Brendan Byrne of federal transportation grants given state during rally attended by arter.
REPORTER Lesley Stahl

(Studio) House approval of emergency legislature to help poor pay for heating bills this winter reported; details given.
REPORTER: Walter Cronkite

(D) Legis. passed by House examined; House television tape shown. [Representatives Robert GIAIMO, Parren MITHELL - exchange comments.] Differences between House measure and similar Senator bill said still to be resolved, making it unlikely that checks will reach the poor prior to midwinter.
REPORTER: Nelson Benton

(Studio) 3rd quarter profits reported by Phillips, Shell, Union, Ashland; figs. listed on screen. hevron said cutting price of gasoline and diesel fuel; details given.
REPORTER: Walter Cronkite

Benton, Nelson;
Cronkite, Walter

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