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Economy Summit / Gasoline Shortage #504837

NBC Evening News for Saturday, Jun 23, 1979
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(Studio) Departure of President Carter for economy summit in Tokyo, Japan announced. Major topic of conference said to be world fuel shortage.
REPORTER: Carole Simpson

(DC) [CARTER - comments on current crisis and asks that people not panic.] Carter expected to give same advice to foreign govts. in Tokyo. Letter from 28 congress asking that President fire Secretary of Energy James Schlesinger noted Stuart Eizenstat and Jack Watson said given new power in energy matters. Vice President Mondale reported empowered to take any action necessary to cope with the fuel shortages.
REPORTER: Ford Rowan

(Studio) This week said worst yet in gasoline shortage.
REPORTER: Carole Simpson

(NYC) Long gasoline lines shown; prices noted. [PEOPLE - comment on lines and oil companies.] Situation in Ridgefield, New Jersey, said not as bad. Lines in Philadelphia, Pennsylvania, also reported.
REPORTER: Georgette Bennett (KYW-TV newstape)

(Studio) Absence of gas lines in Tokyo, Japan, reported.
REPORTER: Carole Simpson

(Tokyo, Japan) High price of gasoline cited as one reason Tokyo has no gasoline lines. Japanese purchases of gasoline on spot market also said to have prevented long lines. Mass transit, more economical cars and no topping off of tanks or panic buying listed as other reasons explaining lack of gasoline lines in Japan.
REPORTER: Irving R. Levine

Reporter(s):
Levine, Irving R.;
Rowan, Ford;
Simpson, Carole
Duration:
00:05:40

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