Experts argue oil crisis remedies
By JIM CRAWLEY
Staff Writer
arts of an unreleased national
rt on energy self-sufficiency
wen released here Monday night
ling a panel discussion on solu-
s to the energy crisis,
bout 400 people attended the
iussion sponsored by Great Is-
and Political Forum in the
lldder Center Auditorium.
Panel member George P. Mitcb-
| a member of the “Project Inde-
idence” committee, said that the
tort will include three scenarios
[how to alleviate the present shor-
by 1990. Also included in the
lortto President Ford will be the
issary increases in manpower,
liipment production and explora-
jn and development,
litchell detailed some of the
iclusions that the project com-
[tteehas decided are necessary for
85 per cent self-sufficiency. The
narios are based on the price of a
—tel of oil at a constant dollar rate.
(Dm constant dollar rate can be exp-
ped as the true buying power of a
tain amount of money. The ac-
price might increase but the
lueof the item would still be con-
proposed scenarios include
testablishment of three possible
ue levels for oil produced in the
ure. These values are four, seven
andeleven constant dollar barrels <>t
oil
I Mitchell stated that the $4 barrel
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special—
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of oil rate wasn’t included in the
report because of the impossibility
to produce oil at that rate. The other
two barrel rates were deemed to be
possible.
The report, as outlined by Mitch
ell, will state that if a constant dollar
rate of seven dollars per barrel of oil
is used as a guideline, a daily pro
duction of 10.5 million barrels will
be necessary for 85 per cent self-
sufficiency.
Mitchell said that at the $11 per
barrel rate, self-sufficiency could be
attained with the production of only
3.5 million barrels per day.
Using graphs Mitchell illustrated
the need for an increase of37,000 in
the number of producing wells by
1990. Also necessary would be an
increase to $25 million in domestic
oil exploration and development
funds.
“Coal production will be slower
than originally expected...oil and
gas production will have to be in
creased within the next year to fulfill
the report’s plan,’’ Mitchell said.
The report, to be submitted
today, will also detail the need for
increased production of drilling rigs
and drilling pipe. Manpower needs
are also outlined in the report.
Also included on the symposium
panel were Congressman Charles
Vanik of Ohio, Dr. W. P. Gramm of
TAMU and Lee White, former
chairman of the Federal Power
Commission.
Each of the participants took dif
fered views on the solution of the oil
crisis. All the debaters are presently
in positions concerned with the oil
industry.
Rep. Vanik stating, “We can’t be
at the mercy of a few who control all
the oil,’ spoke against the “free
market system advocated by Dr.
Gramm. Vanik, also defendetT the
Congress as non-inflationary. “The
inflation we are suffering today was
not caused by the government, but
actually, the government has en
riched the economy,” Vanik said.
White advocated the formation of
a national oil company to compete
with the large private oil producers.
The proposed company would pro
duce the oil presently found on pub
lic lands.
Gramm, advocating a “free mar
ket” of uncontrolled prices, said,
“Government has proven to be in
competent in budgetary matters.”
Gramm also pointed out that the
usefulness of petroleum will not end
until after the end of this century.
Choose
the gift
that tells how
much you care
day after day after day.
Stop by and see all the
beautiful new Bulova
watches . . . gift-priced
His: 23 Jewel automatic tells
time, day and date.
Hers: Beautifully patterned
bracelet watch with diamond
marker. 17 jewels.
EMBREY’S JEWELRY
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Shooting
follows
argument|
A Fort Worth man was shot and
killed after an argument in the park
ing lot of the Christopher Village
Apartments, 1200 Ridgedale, about
8 p.m. Saturday.
Bryan Police reported that Avrid
Ray Hicks was shot in the chest and
was found lying on the pavement in
the parking lot. Hicks had been shot
with a large caliber pistol and died at
Saint Joseph Hospital at 9:10 that
night.
His brother, Howard King Hicks,
35, of Lubbock has been charged in
the murder and is in the County Jail
on a $10,000 bond.
It was the second shooting death
to occur on the 1200 block of
Ridgedale since early October.
Peniston
Cafeteria
Special
Thanksgiving
Candlelight Feast
Nov. 20,1974—4:30 p.m. to 7 p.m
Roast Breast of Turkey
Cornbread Dressing
Giblet Gravy
Chilled Cranberry Sauce
Candied Sweet Potato
English Peas w/Water Chestnuts
Choice of Salad (Except Chef Salads)
Kutches Harvest Moon Pie
Home Made Hot Yeasty Rolls
Choice of Beverage
$2
14
plus tax
Representative Charles Vanik
Committee
discusses
Batt, play
Editorship of the Battalion, the
Marat-Sade play and the SG Judicial
Board’s new powers were on the
minds of the SG executive commit
tee Sunday.
The Board discussed changing
the means of selecting the Battalion
editor. Currently, the editor is
selected by the Student Publica
tions Board. The Executive Board
favored an election by the student
body from among a handful of qual
ified candidates selected by the
Publications Board.
An informative newsletter on the
“Marat-Sade” issue was proposed.
The play was censored from the
A&M campus and is stirring con
troversy over students’ rights of
freedom of expression. The letter,
the Executive Board discussed,
would be of a pro-con format. Each
side would be allowed to express its
opinion in the letter which would be
distributed to the student body.
John Tyler, vice president of Rules
and Regulations, has volunteered to
speak for the production of the play
on campus. An opposing writer is
still being selected.
Troubles are rising over the SG
Judicial Board’s move to grant itself
powers of injunction and writ of
mandamus. The Judicial Board can
issue a writ to an elected official,
informing him that he is not fulfil
ling his constitutional respon
sibilities. If the official ignores the
writ, the Judicial Board can rule
whether or not to remove him from
office.
Uncertainty over the board’s
right to pass such a motion granting
themselves these powers may lead
to a spring referendum, with the
student body deciding the matter.
Tyler and Jeri Ward, chairman of
the Judicial Board, are working on
the problem and hope to come up
with some recommendations after
the Christmas Holidays.
THE BATTALION Page 3
TUESDAY, NOVEMBER 12, 1974
HOUSE OF TIRES
COULTER AT TEXAS AVE
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4 Locations To Serve You In
Bryan - Conroe - Houston - Pasadena
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You can get a demonstration of HP calculators at your campus bookstore and a
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