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(Studio) Senate energy filibuster has prevented action on bill to raise federal debt ceiling.
REPORTER: Barbara Walters
(Capitol Hill) Russell Long, champion of oil and gas industry, wants no price controls. Long's family made fortune in oil. Long so strong, he now gives advice to presidents. [LONG - the President can either give way to filibuster or be prepared to see his bill pulled down.] John Tower, Texas, agrees with Long. Oil industry in Texas supports Tower and he supports them. James Abourezk favors price controls. Abourezk says his constituents, South Dakota farmers, would suffer if price controls removed. [ABOUREZK - estimates cost to home-owners.] Senate leaders Robert Byrd and Howard Baker on opposite sides of issue, but together in trying to break impasse. Senator no closer to decision now than when filibuster began 11 days ago.
REPORTER: Don Farmer
- Farmer, Don;
- Walters, Barbara
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