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NATIONAL FUELS AND ENERGY POLICY STUDY

This publication is printed for the use of Senators participating in the National Fuels and Energy Policy Study, authorized by Senate Resolution 45 of the 92d Congress.

Senate Resolution 45, introduced by Senators Jennings Randolph and Henry M. Jackson, was amended and agreed to by the Senate on May 3, 1971. The resolution authorized the Senate Committee on Interior and Insular Affairs and ex-officio members of the Committees on Commerce and Public Works and the Joint Committee on Atomic Energy to make a comprehensive study of programs and policies required to meet national energy needs.

Subsequently, the Senate approved the addition of ex-officio members from the Committees on Aeronautical and Space Sciences, on Finance, on Foreign Relations, on Government Operations, and on Labor and Public Welfare.

FRANK CHURCH, Idaho

LEE METCALF, Montana

J. BENNETT JOHNSTON, Louisiana
JAMES ABOUREZK, South Dakota
FLOYD K. HASKELL, Colorado
JOHN GLENN, Ohio
RICHARD STONE, Florida
DALE BUMPERS, Arkansas

COMMITTEE ON INTERIOR AND INSULAR AFFAIRS

HENRY M. JACKSON, Washington, Chairman

COMMERCE

FINANCE

EX-OFFICIO MEMBERS FOR NATIONAL FUELS AND ENERGY POLICY STUDY

Committee on

AERONAUTICAL AND SPACE SCIENCES

GRENVILLE GARSIDE, Special Counsel and Staff Director
DANIEL A. DREYFUS, Deputy Staff Director for Legislation
WILLIAM J. VAN NESS, Chief Counsel

D. MICHAEL HARVEY, Deputy Chief Counsel
HARRISON LOESCH, Minority Counsel

FOREIGN RELATIONS

GOVERNMENT OPERATIONS

LABOR AND PUBLIC WELFARE

PUBLIC WORKS

PAUL J. FANNIN, Arizona
CLIFFORD P. HANSEN, Wyoming
MARK O. HATFIELD, Oregon
JAMES A. McCLURE, Idaho
DEWEY F. BARTLETT, Oklahoma

ATOMIC ENERGY [JOINT]

Senators

FRANK E. MOSS, Utah, Chairman
BARRY GOLDWATER, Arizona

WARREN G. MAGNUSON, Washington,

Chairman

JAMES B. PEARSON, Kansas

RUSSELL B. LONG, Louisiana, Chairman
PAUL J. FANNIN, Arizona

CLAIBORNE PELL, Rhode Island
CLIFFORD P. CASE, New Jersey
ABRAHAM RIBICOFF, Connecticut,
Chairman

CHARLES H. PERCY, Illinois

WILLIAM D. HATHAWAY, Maine
RICHARD S. SCHWEIKER, Pennsylvania

JENNINGS RANDOLPH, West Virginia,
Chairman

PETE V. DOMENICI, New Mexico

JOSEPH M. MONTOYA, New Mexico
HOWARD H. BAKER, JR., Tennessee

RICHARD D. GRUNDY, Executive Secretary and Professional Staff
DAVID STANG, Deputy Director for Minority

CONTENTS

Randolph, Hon. Jennings, a U.S. Senator from the State of West Virginia_
Robinson, Hon. Charles, Under Secretary of State for Economic Affairs____
Zarb, Hon. Frank G., Administrator, Federal Energy Administration_____

Randolph, Hon. Jennings, a U.S. Senator from the State of West Virginia :
Letters to:

President Gerald R. Ford, January 14, 1975–
Hon. Frank G. Zarb, January 23, 1975_.

THURSDAY, FEBRUARY 6, 1975

STATEMENTS

Buckley, John G., vice president, Northeast Petroleum Industries, Inc__-

Embersits, John F., director of university operations, Yale University,

New Haven, Conn----

8, 22

18

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17

11

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NATIONAL FUELS AND ENERGY POLICY STUDY

This publication is printed for the use of Senators participating in the National Fuels and Energy Policy Study, authorized by Senate Resolution 45 of the 92d Congress.

Senate Resolution 45, introduced by Senators Jennings Randolph and Henry M. Jackson, was amended and agreed to by the Senate on May 3, 1971. The resolution authorized the Senate Committee on Interior and Insular Affairs and ex-officio members of the Committees on Commerce and Public Works and the Joint Committee on Atomic Energy to make a comprehensive study of programs and policies required to meet national energy needs.

Subsequently, the Senate approved the addition of ex-officio members from the Committees on Aeronautical and Space Sciences, on Finance, on Foreign Relations, on Government Operations, and on Labor and Public Welfare.

COMMITTEE ON INTERIOR AND INSULAR AFFAIRS
HENRY M. JACKSON, Washington, Chairman

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EX-OFFICIO MEMBERS FOR NATIONAL FUELS AND ENERGY POLICY STUDY

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RICHARD D GRUNDY, Executive Secretary and Professional Staf
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Buckley, John G, vice president, Northeast Petroleum Industries Inc

Embersits, John F, director of university operations, Yale Univer ity.

New Haven, Conn

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10%, 141

148, 149

Roseman, Dr. Herman, president, National Economic Research Associates,

"Simon Lowers Forecast on OPEC Cash Buildup," from the New York

Times, January 31, 1975, by Edwin L. Dale, Jr----

S. Res. 59-Energy Conservation, from the Congressional Record, February
5, 1975-

ADDITIONAL MATERIAL

Analysis of Gasoline Rationing, executive summary-description of ration-
ing system, prepared by the Federal Energy Administration_____
"Inflation 1973: The Year of Infamy," by William Nordhaus and John

Shoven, from the Challenge magazine, May-June 1974--

Randolph, Hon. Jennings, letter to George M. White, Architect of the Cap-

itol, February 18, 1975_-_.

1975 International Business Review-Will Araby Bankrupt the World?

from the Saturday Review, January 25, 1975--.

277

253

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