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(Studio) Senator Abraham Ribicoff states heating fuel plentiful for winter. Calls for mandatory allocation to get fuel to individual distributors. Fuel dealers converge on Capitol Hill to air views.
REPORTER: Harry Reasoner
(Capitol Hill) Dealers complain of fuel shortages to Congress Request mandatory allocation for independents, higher Phase IV prices for fuel oil. [National Oil Jobbers' Council Robert GREENES - speaks for legislature needed now to blunt oil shortage.] [Representative Silvio CONTE - believes oil shortages and rationing could result if mandatory allocation rejected by Nixon admin. Independents to be wiped out; major oil companies to have complete monopoly.] [Senator Edward KENNEDY - hopes to get mandatory allocation. Praises dealers for coming now, before winter and possible oil shortages.
REPORTER: Stephen Geer
- Geer, Stephen;
- Reasoner, Harry
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