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Natural Gas Shortage #39030

ABC Evening News for Thursday, Aug 28, 1975
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(Studio) Federal Energy Admin. (FEA) warns of coming natural gas shortage.
REPORTER: Harry Reasoner

(DC) 16 of 19 invited govs. showed up to hear of shortage. Govs. support 2 proposals to bypass price controls of gas across state lines. During winter, higher priced interstate or non-regulated gas could flow through interstate pipes to shortage areas. Suspension of controls with regard to new gas wells noted. [OK Governor David BOREN - says those of us from gas producing states feel obligation to support proposal. Will get gas into needed areas.] [Pennsylvania Governor Milton SHAPP - says 95% people feel they're been ripped off by energy companies Asks President for investigation of gas industry]
REPORTER: Steve Bell

(No location given) Supposed to be record year for gas shortages. North Carolina, New Jersey, Ohio and Pennsylvania to be hardest hit. California, Iowa, Kentucky, Missouri and West Virginia also to be hurt.
REPORTER: Steve Bell

(Studio) Federal Power Commission allows high priority inds. to buy natural gas directly from producers at unregd. prices. 1 commission member criticizes move.
REPORTER: Harry Reasoner

Bell, Steve;
Reasoner, Harry

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