POLICY: After the Veto

Although the nation's gasoline shortage seems likely to be eased by the lifting of the Arab oil embargo, the Administration is still actively seeking stand-by authority for mandatory nationwide gasoline rationing. Reason: there is still a need to restrain energy consumption until the flow of Arab oil is fully restored—if indeed it is fully restored. Last week President Nixon asked Congress to enact a bill that would revive many provisions of the Emergency Energy Act that he vetoed the week before because it would have forced a rollback of oil prices. In keeping with Nixon's view that the nation...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!