U.S. International Energy Policy, Hearing Before the Subcommittee on International Resources, Food and Energy of ..., 94-1, May 1, 1975 |
From inside the book
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Page 3
... response to any future embargo . Along with other OECD countries , we have agreed to create within the OECD a $ 25 billion support fund to act as a lender of last resort to industrialized countries suffering severe balance of payments ...
... response to any future embargo . Along with other OECD countries , we have agreed to create within the OECD a $ 25 billion support fund to act as a lender of last resort to industrialized countries suffering severe balance of payments ...
Page 10
... response to that position . How does the U.S. position impact upon the ability of developing countries to combat global inflation , including the high prices both of the West's manufactured goods and of petroleum products ? Mr. ROBINSON ...
... response to that position . How does the U.S. position impact upon the ability of developing countries to combat global inflation , including the high prices both of the West's manufactured goods and of petroleum products ? Mr. ROBINSON ...
Page 24
... response , and I would like to follow up on what you said . If I understand your argument correctly , you were saying , in effect , that the only realistic possibility for bringing about a reduction in the actual price of oil would lie ...
... response , and I would like to follow up on what you said . If I understand your argument correctly , you were saying , in effect , that the only realistic possibility for bringing about a reduction in the actual price of oil would lie ...
Page 25
... response on the part of the producing countries be to reduce supply and increase price as a way of dealing with reduced demand ? Mr. ROBINSON . It is always a possibility , and I don't mean to imply that it is not . It am just saying ...
... response on the part of the producing countries be to reduce supply and increase price as a way of dealing with reduced demand ? Mr. ROBINSON . It is always a possibility , and I don't mean to imply that it is not . It am just saying ...
Page 26
... response to the President's proposal , in this regard , that it is exceedingly unlikely that legislation will emerge from the Con- gress calling for a reduction of 1 million barrels a day ; to the extent that there is a conservation ...
... response to the President's proposal , in this regard , that it is exceedingly unlikely that legislation will emerge from the Con- gress calling for a reduction of 1 million barrels a day ; to the extent that there is a conservation ...
Common terms and phrases
3rd to 8th 8th February 1975 acting by majority adopted allocation Amerada Hess antitrust approval Article assistance Attorney authority cartel Chevron Conference invites CONFERENCE OF DEVELOPING conservation consultation cooperation Corporation COUNTRIES ON RAW crude oil decisions Defense Production Act designated affiliates DIGGS emergency reserve establish exploitation export Federal Energy Administration Federal Trade Commission foreign Governing Board implementation imports increase industrialized countries international economic order International Energy Agency International Energy Program International Oil invites the Governments land-locked developing countries Management Committee meeting ment Mobil Oil Namibia natural resources negotiations Non-Aligned Countries oil prices OPEC operations Participating Country Phillips Petroleum Company President primary commodities principles/plans problems producing countries proposals pursuant RAW MATERIALS Dakar relations request Secretary Section 708 sovereigns and heads Standing Group subsection Sun Oil Company tion trade United Nations Voluntary Agreement Zimbabwe
Popular passages
Page 79 - The authority to issue and enforce orders and regulations under this title expires at midnight April 30, 1973, but such expiration shall not affect any action or pending proceedings, civil or criminal, not finally determined on such date, nor any action or proceeding based upon any act committed prior to May 1, 1973.
Page 74 - The President is hereby authorized (1) to require that performance under contracts or orders (other than contracts of employment) which he deems necessary or appropriate to promote the national defense shall take priority over performance under any other contract or order, and for the purpose of assuring such priority, to require acceptance and performance of such contracts or orders in preference to other contracts or orders by any person he finds to be capable of their performance, and (2) to allocate...
Page 75 - Senate, unless otherwise required to be so appointed, and (2) upon the condition that such officials consult with the Attorney General and with the Chairman of the Federal Trade Commission not less than ten days before making any request or finding thereunder...
Page 80 - If any provision of this Act, or the application of such provision to any person or circumstance, shall be held invalid, the remainder of this Act, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby. SEC. 16. This Act may be cited as the "National Labor Relations Act.
Page 78 - Territory or other place subject to the jurisdiction of the United States, to enjoin such acts or practices, and upon a proper showing a permanent or temporary injunction or restraining order shall be granted without bond.
Page 72 - An Act to reduce taxation, to provide revenue for the Government, and for other purposes...
Page 78 - General to bring an action in the appropriate district court of the United States to enjoin such acts or practices, and upon a proper showing a temporary restraining order or a preliminary or permanent injunction shall be granted without bond. Any such court may also issue mandatory injunctions commanding any person to comply with any such order or regulation.
Page 86 - Committee to meet and consider the situation in accordance with the provisions of this Agreement. 3. The Management Committee shall meet within 48 hours of such request in order to consider the situation. It shall, at the request of any Participating Country, report to the Governing Board within a further 48 hours. The report shall set out the views expressed by the members of the Committee and by the Secretariat, including any views regarding the handling of the situation. 4. The Governing Board...
Page 84 - Whenever any Participating Country sustains or can reasonably be expected to sustain a reduction in the daily rate of its oil supplies which results in a reduction of the daily rate of its final consumption by an amount exceeding 7 per cent of the average daily rate of its final consumption during the base period, allocation of available oil to that Participating...
Page 81 - group" means the Participating Countries as a group. CHAPTER i. EMERGENCY SELF-SUFFICIENCY Article 2. 1. The Participating Countries shall establish a common emergency self-sufficiency in oil supplies. To this end, each Participating Country shall maintain emergency reserves sufficient to sustain consumption for at least 60 days with no net oil imports. Both consumption and net oil imports shall be reckoned at the average daily level of the preceding calendar year.