Word: retaining
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...procedure do not permit tight organization as in the House, the plan has come completely unstuck. The dismemberment has been greatly aided by an intense lobbying effort by the oil industry, whose powerful friends include Louisiana Democrat Russell Long, chairman of the Finance Committee. Generally, the House voted to retain oil and gas price controls and increase energy taxes-two important aspects of the Carter plan. The Senate yielded instead to arguments by the oil industry that deregulation of prices would give oil and gas producers the incentive to increase production and keep the nation from undergoing energy shortages...
...current OPEC price of about $13.50 per bbl. The aim: to discourage domestic oil consumption. To encourage increased domestic production and reduce imports, the plan would allow the price of newly discovered oil to rise to the 1977 OPEC level, and the oil companies to retain the increased revenue. To lessen the draining effect of the wellhead tax on consumer spending power Carter proposed that much of the tax proceeds be recycled back to consumers in the form of rebates...
...production is not all that is needed; vast amounts of energy are available from unconventional and extremely costly sources such as tar sands and shale, and potentially limitless energy is at hand in the form of solar and geothermal power. The best-and most likely-compromise solution is to retain the wellhead tax but channel some of the proceeds into research and development programs for unconventional sources...
...another week or so will the real showdowns start to come, when the conferees tackle the questions that widely divide them. Both sides agree that energy prices must and will rise. But Carter and the House want to retain price controls and increase energy taxes. The Senate prefers a freer market; it wants lower taxes and less regulation...
Denying the possibility of a plot, Kosinski relies on this smorgasbord of exciting incidents and fascinating characters to retain the reader's interest, unfortunately, only a few of Kosinski's characters are on stage long enough to develop into interesting individuals. The rest become props for the protagonist to use and discard...