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Carter / Energy Plan / Oil Industry / Alternate Sources #493235

NBC Evening News for Thursday, Apr 21, 1977
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(Studio) Carter energy plans for oil industry noted; are of crucial interest in Texas, especially around Houston area.
REPORTER: David Brinkley

(Houston, Texas) Oil industry spokesperson are glad President calls attention to reality of energy crisis, but say plan doesn't really give them incentives for research and development
REPORTER: George Lewis

(Studio) Anchor asks if oil spokesperson say there's too much emphasis on saving energy and not enough on production of more.
REPORTER: David Brinkley

(Houston, Texas) Reporter agrees; cites industry stand.

(Studio) Admin.'s argument is that letting prices rise to world level ought to be incentive enough.
REPORTER: George Lewis, John Chancellor

(Houston, Texas) Oilmen's objection is to government control and taking part of price rise back in taxes.
REPORTER: George Lewis

(Studio) Anchor asks if members of Congress from Texas will fight it.
REPORTER: John Chancellor

(Houston, Texas) Reporter notes Senator John Tower will, but it's not sure how much fight can accomplish.
REPORTER: George Lewis

(Studio) Alternate energy sources are part of discussion over Carter plan.
REPORTER: David Brinkley

(DC) Coal producers not happy with idea of conversion to coal, because of concern they won't be able to produce enough and price controls will begin. Oil and gas men not happy with regard to conversion either. REPORTER: John Cochran

(Studio) Anchor notes President wants to reduce nuclear power research funding, in time of limited petroleum power.
REPORTER: John Chancellor

(DC) Carter's reason is to reduce use of plutonium; President wants to make use of more conventional nuclear power plants.
REPORTER: John Cochran

(Studio) Other news to come up next.
REPORTER: John Chancellor

Brinkley, David;
Chancellor, John;
Cochran, John;
Lewis, George;
Lewis, George

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