Date: December 15, 1975
Subject: Oil Price Controls
Description: Staggers (D-WV) motion to adopt the conference version of the bill without the provisions concerning advanced automotive technology and loan guarantees for expansion of existing low-sulphur coal mines. The conference version of the bill would maintain price controls on "new" and "old" oil with limited deregulation by 1979. The price controls will inhibit domestic production and increase U.S. dependence on foreign oil.
Result: Agreed to, 236-160
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