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Love Resigns / Energy Crisis #468450

NBC Evening News for Monday, Dec 03, 1973
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(Studio) President' chief energy adviser John Love resigns. Seemingly, dispute over gasoline rationing between Love and administration caused resignation. "Denver Post" quotes Love as saying President difficult to talk with re: energy crisis.
REPORTER: John Chancellor

(DC) Cabinet members criticize Love for indecisiveness with regard to plans to meet energy crisis. Secretary Treasury George Shultz opposes Love because Love favors gasoline rationing. Shultz persuades President to appointed deputy Treasury Secretary William Simon to replace Love. Allegedly, President tried unsuccessfully to persuade Love to remain in Washington, DC in figurehead position.
REPORTER: Irving R. Levine

(Studio) Dep. energy adviser Charles DiBona also resigns. William Simon to be named as head of new federal energy administration; gas rationing unlikely now.
REPORTER: John Chancellor

Reporter(s):
Chancellor, John;
Levine, Irving R.
Duration:
00:02:30

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