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OCR Page 1 of 36This Copy For
PRESIDENT RICHARD M. NIXON'S NEWS CONFERENCE #36
Held in the East Room
At the White House
Washington, D.C.
February 25, 1974
At 7:30 P.M. EDT (Monday)
Official White House Transcript
THE PRESIDENT: Won't you be seated, please.
Ladies and gentlemen, before going to your questions,
I have a brief report on the energy situation, the progress
we have made to date and also the problems that we have in
the future.
You will recall that last October when we saw
the energy crisis developing as a result of the embargo and
other matters, that there were dire predictions that we
would have problems with home heating oil and even fuel
to run our factories.
As a result of the cooperation of the American
people -- and they deserve most of the credit -- and also
the management on the part of Mr. Simon and his organization,
we have now passed through that crisis. The home fuel oil,
as far as it is concerned, as we know, has been furnished,
no one has suffered as a result. As far as our plants are
concerned, all have had the fuel that is required to keep
the plants going.
The major problem that remains is one that was
brought home to me when I talked to one of the sound men
before coming in. I asked him if he was having any trouble
getting gas. He said, "Yes, when I went to the service
station this morning, they wouldn't give me any because
my gauge was wrong. They thought that I had more than half
a tank. Actually, I had zero in the tank."