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OCR Page 1 of 29THE
PRESIDENT
HAS
SEEN
12
DIGEST OF RECENT COMMENT
December 19, 1973
ENERGY
Chic Daily News poll finds 83% are turning down home heat, 78%
are driving slower and 59% are driving less. 50-30% approve RN's handling
of e-crisis.
US News leads: "This fuel-short nation is sitting on a storehouse
of energy that exceeds even the oil wealth of the Arab nations. " Of
coal that could be mined, "there's enough for 661 years at the present
rate of production. Another 3.2 trillion tons could ultimately be re-
covered. 17 But while there are environmental problems and shortage
of fuel and equipment for mining, "big stumbling block is getting the
coal out of the ground. 11 Strikes, absenteeism, lack of experienced
miners are some of the problems.
Natl Coal Assn's Bagge on
Today said coal burning can be consistent w/ Clean Air Act but not
by means Hill demands. He denied industry's been lax in clean
coal-burning research, noting it hasn't had kind of profits to en-
courage such research. He also said it's a "misconception" that
big oil owns major coal companies, tho big oil does own companies
producing 20% of total coal.
US News notes geologists are "optimistic" about prospects of
oil and natural gas reservoirs off East Coast, which means 11 a large
part of East's fuel requirements for next decade or so could at
its very doorstep. 11 But, environmentalists and politicians argue
offshore development "isn't worth the risk of ecological damage, 11
and even w/ study ordered by RN, leasing will be delayed by long-
pending lawsuit over who owns the sea beds.
Cahill of NY News says "answering a higher call than WH
solicitude can command these days, Fitzsimmons has got Admin
between a rock and a hard place in its effort to come to grips w/
e-crisis" and not let inflation "run completely out of control. 11
Whatever way "Admin moves, it's bound to be squeezed by Fitz power play¹¹
re: demand Teamsters contracts be reopened. Noting CLC's worried
other unions will join in such demands, Cahill says "alternative
to new round of crisis-related wage demands is, of course, upward
revision of 55 mph limit. 11 But WH's "clearly reluctant" to do that,
Hill "wasn't very helpful either" and energy managers are con-
cerned about "maintaining credibility
and assuring that all seg-
ments of population are sharing equally in hardships. 11
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