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Energy #503391

NBC Evening News for Wednesday, Mar 21, 1979
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(Studio) Possibility of administration lifting of price controls on crude oil stated.
REPORTER: John Chancellor

(DC) Effects of decontrol stated in OMB report outlined; pts. shown on screen; White House consideration of decontrol measure cited. Senator Henry Jackson quoted.
REPORTER: Tom Pettit

(DC) Senator Energy Committee said also investigating effects of decontrol. Senator Mark Hatfield reported to have CIA report confirming oil shortage. [Senator Henry JACKSON - questions reality of shortage.] [Assistant Energy Secretary Harry BERGOLD - responds.] Question with regard to oil companies taking advantage of situation to increase profits noted. [Senator John DURKIN - comments.]
REPORTER: Andrea Mitchell

Chancellor, John;
Mitchell, Andrea;
Pettit, Tom

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