Word: doe
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Dates: during 1970-1979
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...appear in the Progressive (circ. 40,000), a left-wing monthly published in Madison, Wis. Two weeks ago, Managing Editor Samuel H. Day Jr. sent a copy to the Department of Energy in Washington and asked for verification of the facts. The article was quickly passed from DOE'S technical experts to its legal staff. "The reaction was pretty amazing and swift," recalls a DOE official. The department informed the Progressive that publication of the material would be "contrary to the United States' efforts to prevent the proliferation of nuclear weapons." DOE urged the magazine to cooperate...
Department of Energy officials confessed bewilderment at what such activities could be. At DOE, staffers hurried to put the finishing touches on a program of mandatory conservation measures that the Administration will send to Congress for approval later this month. The program is to begin in the spring if voluntary energy savings do not reduce consumption. Among the elements: weekend closings for gas stations, and Government-ordered lowering of thermostats of public buildings. Gasoline rationing remains a last resort...
Both Government experts and industry officials agree that the surest way to resolve the problem is to lift price controls. But that is politically difficult because it would boost living costs and thus run counter to the Administration's anti-inflation drive. Last week the DOE estimated that gasoline prices would rise by about 9? a gal. under present price controls by the end of 1980, and by about 13? a gal. if the restraints were lifted. Though the department contends that decontrol would probably not greatly increase the premium on unleaded, now 4.4%, it agrees that under...
Just to be prepared, DOE has drawn up contingency plans that begin with compulsory allocation of supplies to industry and culminate in actual gasoline rationing for the public. If Iranian production has not been substantially restored, and if voluntary measures have not cut consumption, then mandatory allocation will be brought in on a trial basis If stocks are still not being rebuilt, rationing would be imposed. Each car owner would be sent ration checks every three months specifying the number of gallons he could buy. The checks could be turned in at banks or other financial institutions in return...
...thing that DOE can do nothing about is the prospect of yet another increase in oil prices. Even a small scarcity in such a valuable commodity can produce large jumps in cost, and that is exactly what is now happening on the so-called spot market. There, oil companies bid for any available crude that is not already committed to customers under long-term contracts. Though the quoted long-term OPEC price currently stands at about $13 per bbl., spot-market oil last week was trading for as much as $17 per bbl. Warns Energy Economist John Lichtblau...