Word: tariffs
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...regulation of temperatures in commercial and public buildings. But the bill would only give the Federal Energy Administration power to order those standards; it would not compel the agency to do so. There is at least some danger that the final product will be a mishmash of Ford's tariff and a number of halfway conservation rules that would raise prices without cutting imports much...
...President will start by using his power to impose a $1-per-bbl. tariff on imported petroleum beginning Feb. 1, then raising it to $2 on March 1 and $3 on April 1. He also will ask Congress to enact a $2-per-bbl. tax on U.S.-produced crude, and an equivalent amount?370 per 1,000 cu. ft.?on natural gas piped across state lines. If and when Congress agrees to that, the tariff on foreign crude would drop back to $2. Finally, Ford plans to remove all price controls on domestically produced oil on April...
...program could actually depress the economy a bit further for a few months. Ford's tariff on imported oil will push...
...perceptibly added to the January chill in a region where 71% of all homes are heated by oil-burning furnaces and 70% of electricity is oil-generated. In a second winter of discontent over soaring oil and gasoline prices, New Englanders are aghast at the proposed $2-per-bbl. tariff on imported oil. "This isn't leadership," said Lawson Ramsdell, a building custodian in Portland, Me. "I don't think Mr. Ford knows where he is going...
...angry response to conditions imposed by Congress, such as the so-called Jackson Amendment (see box). In declaring their 1972 trade accord with the U.S. invalid, the Soviets rejected by extension the Trade Reform Act signed by President Ford early this year. Thus the U.S.S.R. spurned lower U.S. tariff rates and $300 million in Export-Import Bank credits, while reneging on their agreement to repay $722 million in wartime Lend-Lease debts...