Word: doe
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Dates: during 1970-1979
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...DOE'S zigzags have brought Energy Secretary James Schlesinger under such heavy fire that White House advisers urged Carter either to fire him or to defend him publicly. Carter chose the second course; Press Secretary Jody Powell said last week that Schlesinger had been "as effective as anyone can be," given the situation." Schlesinger actually offered his resignation to Carter in April, but now he regards himself as the messenger despised because he brings bad news. He is determined to stay on. But Schlesinger is so unpopular in Congress, one DOE official confesses, that "just saying we favor something...
...President also announced that he was taking several technical steps to relieve the gas shortage, and aides distributed the DOE's newly completed "Report to the President on Gasoline Supplies for California," which suggested that Brown could act on his own to relieve the problem. By relaxing some state environmental regulations that are stricter than federal standards, such as on the lead content of gasoline, and strictly enforcing the 55 m.p.h. speed limit, California could save an estimated 55,000 bbl. of gasoline per day. That would certainly help bridge the gap between supply and demand: the state...
Gasoline prices had already soared to what most consumers felt were astronomical heights, up to $1.01 per gal. in Manhattan. Many drivers thought they were being charged too much. The enforcement office of the DOE's Economic Regulatory Administration was receiving 500 complaints a week of price gouging. But after auditing 2,000 stations' books, federal officials concluded that most of the nation's 171,000 gas station owners had not raised prices beyond the profit-margin limits imposed by the Government...
...urged oil companies not to buy crude on the spot market, where prices are up to $12 higher than the world average of $18 per bbl. There is some debate among oilmen over the degree to which this policy affected supplies. In any event, because of a change in DOE policy last week, the companies are now free to buy on the spot market, though several of them are reluctant to do so until the Government assures them that they can pass the extra costs on to consumers...
...needs to rush the new device to market. The trustbusters may object, since the oil majors are under attack for spending profits on non-oil diversifications. But the Department of Energy quite possibly will conclude that the Reliance takeover would be a form of energy investment. Says a DOE official of the Exxon proposal: "A barrel of oil saved is just as good as a barrel of oil produced...