Why Subsidize the Arabs?

Reynolds, Alan
August 1975
National Review;8/29/1975, Vol. 27 Issue 33, p939
Focuses on the policy of the administration of U.S. President Gerald R. Ford on crude oil prices in the U.S. Plans of the Ford administration to phase out the price control of domestic oil; Effect of the decontrolling of domestic crude price control on the price of gasoline; Impact of the increase in gasoline prices on the prices of substitute fuels such as coal and natural gas; Opinion that the price of gasoline is set not by price controls, but by supply and demand; Effort of refiners to maximize profits by adding to the supply up to the point where the additional revenue from selling another barrel of gasoline equals the additional cost of buying another barrel of crude.


Related Articles

  • No Policy Is Good Policy.  // National Review;8/29/1975, Vol. 27 Issue 33, p922 

    Reports on the tariff imposed on imported oil by the administration of U.S. President Gerald R. Ford. Role of the U.S. Court of Appeals in declaring Ford's tariff on imported oil as illegal; Expiration of the price controls on domestic oil; Argument that oil price decontrol would be far more...

  • Hot Debate Over Basics.  // Time;7/21/1975, Vol. 106 Issue 3, p50 

    The article focuses on the deterioration of the energy policy situation in 1975 in the U.S. Domestic production of oil decreased in 1974 and U.S. oil imports returned to pre-Arab embargo levels. It was worried that oil will be replaced by natural gas as the number one energy worry of the nation....

  • Recent Major Action In The Congress.  // Congressional Digest;Mar1975, Vol. 54 Issue 3, p65 

    Presents economic recommendations made by U.S. President Gerald R. Ford for the consideration of the Congress. Oil import tariff; Tax-cut proposal; Food stamp program.

  • PROSPECTS FOR HIGH WINTER PRICES WORRY UTILITIES.  // American Gas;Oct2008, Vol. 90 Issue 8, p7 

    The article focuses on the economic performance and assessment of natural gas prices during winter season in the U.S. market in 2008. It primary centers on the evaluation made by American Gas Association manager director of policy analysis Chris McGill, who notes that prices grew from $7 per...

  • Running on empty. Cosh, Colby // Report / Newsmagazine (National Edition);2/3/2003, Vol. 30 Issue 3, p4 

    Comments on price controls on consumer products in Newfoundland. Introduction of mandatory maximum prices for gasoline and natural gas for home heating; Questions about the future of the Petroleum Products Pricing Commission, led by George Saunders; Inability of rural gas stations to make a...

  • Prices.  // National Petroleum News;Mid-Jul99, Vol. 91 Issue 8, p92 

    Features data concerning the prices of gasoline and other petroleum products in the United States in 1998. Cost of unleaded regular, midgrade and premium; Retail gasoline prices; Wholesale price trends; Average gasoline pump price; Gasoline prices by grade & month from 1988 to 1998; Supplier...

  • Municipal Gas Utilities Focus On Price Transparency.  // Pipeline & Gas Journal;Dec2006, Vol. 233 Issue 12, p30 

    The article presents a discussion between members of the American Public Gas Association on gas pricing in the U.S. Arthur Corbin, President of Municipal Gas Authority of Georgia, states that the price of natural gas to businesses and consumers in the U.S. is determined by the natural gas...

  • Sorry, No Change. Ulmer, Melville J. // New Republic;2/5/77, Vol. 176 Issue 6, p15 

    Compares the economic stabilization proposal of U.S. President Jimmy Carter to that of former President Gerald R. Ford. Information on the economic stimulus packages proposed by Carter and Ford; Difference between the employment policies of the presidents; Concern of the Presidents regarding...

  • TO NEW HAMPSHIRE, WITH LOVE.  // National Review Bulletin;2/13/1976, Vol. 28 Issue 4, p12 

    The article focuses on U.S. President Gerald R. Ford's State of the Union message which he delivered in New Hampshire. He spoke about a new balance in the relationship between the individual and the government and of sound economic growth without inflation. He also proposed for combining 59...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics