Word: decontrol
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
PRESIDENT CARTER'S new energy proposals, calling for the gradual decontrol of domestic oil prices and a windfall profits tax on the oil companies, represent a timid, incomplete attempt to resolve the nation's energy problems. Carter has surveyed the sorry state of energy supplies in America, concluding that higher oil prices under decontrol will force conservation, increase production and make alternative energy technologies more price competitive...
...limited sense, he is right. Decontrol, however, can at best provide but little relief; it should not be the centerpiece of any energy policy. Moreover, the costs of decontrol are high and can only be offset by a strong windfall profits tax giving relief to the poor and funding new government energy programs. Carter says he wants the tax enacted but has already as good as killed it by failing to make decontrol of oil prices contingent on Congressional approval of the tax. Carter is either optimistic about the chances of Congress passing a strong windfall profits tax or believes...
Weicker's 1976 Senate campaign platform called for rationing and decontrol of oil prices, two acts which he said last night would be the first national self-discipline since the oil embargo. "It would send the dollar shooting up," Weicker added...
What will be accomplished by price decontrol...
LICHTBLAU: When you decontrol and raise the price of oil, less will be consumed. But whether more oil will be found is not clear. There will be some additional production, and more money will be spent to get secondary and tertiary recovery from older wells...