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Energy Crisis / Heating Oil, Gasoline Prices #468522

NBC Evening News for Wednesday, Dec 05, 1973
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(Studio) Cost of Living Council decides oil refineries can increase prices for heating oil and lower gasoline prices. Gasoline won't be cheaper on retail level, however.
REPORTER: John Chancellor

(DC) Heating oil price increase to encourage refineries to produce more heating oil and consumer to use less, hopefully. [Energy administration William SIMON - believes gasoline rationing filled with inequities.] Simon wants to reduce gasoline demands to available supplies. To achieve goal, gasoline prices must rise.
REPORTER: Irving R. Levine

(Baytown, Texas) Petroleum companies insist heating oil production at top level now. Small production increase could help New England states only slightly.
REPORTER: George Lewis

Chancellor, John;
Levine, Irving R.;
Lewis, George

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