Page Two
THE NEW BERN MIRROR, NEW BERN, N. C.
Friday, November 9, 1973
SINATOR
SAM ERVIN ^
SAYS
■*
*
The nation’s oil situation has
worsened. A clear United States
energy policy has become a
prime need and concern of
millions of Americans. Foreign
oil is no longer cheap. Higher
crude oil prices are raising
daily the prices that consumers
will pay for virtually all
petroleum products. The im
mediate prospect is that regular
gasoline retail prices will jump
to SO cents or more a gallon in
the weeks ahead.
Home heating and industrial
fuel oils are undergoing rapid
price increases.
Spot gasoline shortages are
New Bern
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ESSOTANE
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221 Middle - Ph. 637-3179
(Product Humble Oil Co.)
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FULLER'S
MUSIC HOUSE
216*/? Middle Street
New Bern, N. C.
JOE ALCOKE
LINCOLN-MERCURY
420 Tryon Palace Drive
affecting agriculture in some
areas and prospects are that
next summer there will be
another criticial gasoline
emergency.
For months the White House
has been toying with proposals
to present to Congress on the
energy crisis. Last week it
appeared ready to ask for
emergency powers to reduce
fuel consum^ion by curtailing
the use of heating oil and
electricity. Office buildings,
stores, shopping centers,
restaurants, theaters, it was
said, would be asked to close
earlier than usual. A nationwide
highway speed limit of 50 miles
per hour has been proposed.
Energy experts have suggested
hundreds of ways for industry
and individuals to conserve
energy. The Administration is
beginning to recognize that we
face a major rearrangement of
our daily lives if this situation
worsens.
At stake are thousands of
jobs, a stalemate in our econ
omy, and the prospects of
thousands of unheated factories
and buildings. All of this, of
course, depends on the severity
of winter. Hie Administration is
said to be considering a whole
range of suggrations, including
rationing of crude and heating
oil. increasing the production of
Texas oil we^, and changes in.
clean-air standards to allow
utilities to burn other types of
coal. The relaxation of-en
vironmental standards would
permit power companies to
burn coal or high-sulfur oil
which is in greater supply.
Environmental regulations now
require many electric utilities
to burn large amounts of scarce
low-sulfur oil.
As this is written it is unclear
just what emergency powers
the Administration will seek
from Congress to curb non-
essential uses of fuel. This much
is certain. Industry is scram
bling for oil supplies as never
before. Airlines are cutting
back on many flights to con
serve fuel. Ail transportation
may be affected. Locally, the
Washington Metro transit
system is struggling to obtain
diesel fuel to prevent a shut
down of bus service which
serves thousands of govern
ment workers. In North
Carolina, the shortage of
natural gas is having a major
impact. The Federal Power
Commission has entered an
KEYS
^ Ernul's 7^
2 Sport m
^ Shop 5
KEYS
order which will cur
tail by about 27 percent the
amount of natural gas available
to many industries. That order
is scheduled to go into effect
next week.
The Arab oil embargo has
contributed immensely to this
situation. What had been ex
pected earlier to be a "tight” oil
siq>idy situation has turned into
a potential nightmare for our
economy and all Americans.
The Senate Interior and In
sular Affairs Committee has
been giving intense con
sideration to legislation to
provide for the development of
contingency plans for
petroleum consumption in this
country, in the situation we now
face, though, it will require the
best efforts of the Ad
ministration, the Congress, the
oil industry, and consumers to
get us through the cold months
ahead.
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1300 Corinth Street
Dallas, Texas
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