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Energy Bill #35286

ABC Evening News for Monday, Dec 15, 1975
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(Studio) House expected to pass energy bill. Senate expected to okay it.
REPORTER: Harry Reasoner

(DC) Bill would roll back domestic oil prices to $7.66 barrel, which would decrease gas and gasoline costs by 1 cent per gallon Prices to increase 10% year starting in January of `77. Bill requires cars to get 18-27 1/2 miles per gallon by 1985, and appliances to be 20% more efficient by 1980. Critics say bill would discourage oil exploration, require more imports and raise prices. [Representative John DINGELL - cites what he'll think of President if he doesn't sign bill.]
REPORTER: Don Farmer

Farmer, Don;
Reasoner, Harry

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