Word: fea
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INSULATION. The FEA figures that a 25% tax credit for such purchases as storm windows and doors, and insulation for unfinished attics could lead to a reduction...
...Interior Secretary Rogers C.B. Morton. A longtime Republican Party professional, Morton was overshadowed during the Nixon presidency but has re-emerged as a power under Ford. Before FEA was created, energy problems tended to gravitate toward Interior...
...Treasury Secretary William Simon. The unchallenged energy czar when he headed FEA through its first five months, Simon supposedly relinquished the job when he moved to Treasury. But he thinks energy problems are primarily economic and that he should play a major role in both areas...
...FEA Administrator John Sawhill. Once Simon's protégé, Sawhill is energy chief in name but has been unable to establish his pre-eminence in fact. One reason: alone among the three, he lacks Cabinet rank. He inherited an agency exhausted by Simon's punishing pace and bereft of the public attention it commanded during the oil shortage. Nonetheless, he has tried to act, in the words of one energy official, "like the crisis is still on and he is Bill Simon...
...approach has not worked. Partly because of the uncertainty over how long FEA will live (Congress authorized it for only two years), Sawhill has not been able to hire a second-in-command. Thus, he has been forced to play both Mr. Inside, running FEA, and Mr. Outside, testifying on Capitol Hill, and the agency has suffered from the division of his attention. On one occasion, the FEA created a loophole in pricing regulations that permitted oil companies to make bigger price increases than Sawhill intended to permit-and did not close it until more than two months after staffers...