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OLeary John F Deputy Secretary Department of Energy accom
Summary of Response Plan l
Details of U S Response Plan 8
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actions Administration allocation American annual rate areas average budget Chairman competition Congress Consumer Price Consumer Price Index consumption corporate cost countries crude oil decline deﬁcit demand distillate stocks dollar domestic economy energy prices estimates exports Federal ﬁgure ﬁnd ﬁrms ﬁrst food prices fuel oil gasohol gasoline going growth heating oil higher housing impact imports income industry inflation inﬂationary interest rates investment Iran labor major million barrels MMB/D months mortgage natural gas O’LEARY oil companies oil prices oil stocks OPEC price percent petroleum President price controls price increases Price Index problem production proﬁts rate of inﬂation recession reduce reﬁnery Representative WYLIE result retail rising savings sector Senator BENTSEN Senator KENNEDY shortage shortfall sources speciﬁc Strategic Petroleum Reserve subsidy substantial sumer synthetic fuels tax cut tion unemployment United utility wage and price world oil