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By DINA KRUMNOW
Battalion Reporter
The most important problem fac
ing Americans today is the need to
increase the national oil reserves,
Congressman Phil Gramm said.
During a speech to the Bryan
Rotary Club Wednesday, Gramm
said the oil reserves were intended
to act as a buffer against the Organi
zation of Petroleum Exporting
Countries and spiraling market
prices.
Creation of oil reserves was cut in
the United States, but it will resume
again soon, Gramm said.
President Carter received an ul
timatum last week from Saudi
Arabia, Gramm said,'which said if
the United States continued its ef
forts to rebuild the oil reserves,
Saudi Arabia would cut oil produc
tion.
“Saudi Arabia said that by us pur
chasing oil for reserves, we were
driving up oil prices. They said they
. were concerned about the prices,”
; Gramm said. “While there are a lot
of things suppliers are worried ab
out, high prices are not one of
them.”
Gramm also said if foreign coun-
. tries succeed in their efforts to dic
tate foreign policy, America is in
trouble. However, he said, the
United States does not have many
options to try to avoid foreign con
trol of oil policies, since the United
States imports about 50 percent of
its oil.
“We, on the (House) energy sub
committee, are trying to figure out
what to do about this,” Gramm said.
In an effort to avoid foreign con
trol of oil, he said, the energy sub-
CS- Austin
flights may
start soon
By DEBBIE NELSON
Battalion Reporter
Alamo Airlines is to begin two
daily College Station to Austin
flights within 60 days, a company of
ficial said Wednesday.
Alamo plans to purchase two new
I eight-passenger airplanes for the
flights. James Wood, Alamo vice
president, said the Federal Aviation
Administration has approved the
flights, and they will begin as soon
as the method of ticket sales in Aus
tin is settled.
There are presently no flights be
tween Austin and College Station.
Rio Airlines, the other airline at
I Easterwood Airport, has no plans to
start an Austin flight, sales repre
sentative Eddie Jinkins said Tues
day. He said that since Austin isn’t a
major hub of traffic in Texas, it isn’t
profitable for Rio Airlines to fly
there.
■ Alamo ticket agent Carol Abbott
said there could be as many as four
flights per day. Two Austin flights
could be worked in as stop-overs on
existing College Station-to-San An
tonio flights.
Abbott was unsure of the ticket
price for the new flights, but said
, the San Antonio flights cost $29
one-way and $58 round trip.
committee has helped get two fed
eral energy bills passed.
The first bill is the synthetic fuel
bill, which mandates U.S. produc
tion of 2 billion barrells of synthetic
fuel by 1990. Gramm said this is
very expensive but “we don’t have
any viable alternatives.”
The other bill passed is the fast-
track energy bill, which establishes
an Energy Mobilization Board to
help avoid future energy-related
problems, he said.
The energy board would be able
to cut through federal red tape in
the event of an energy emergency.
Besides these energy problems,
Gramm said the federal budget def
icit should be a major concern of
Americans, as it “clearly represents
a step backwards.”
“It's important that we try to stay
as close to the target of balancing
the budget as we can and look be
yond what the economy is like on
the first Tuesday in November to
the 1980s and 90s and what they will
hold in terms of real economic pros
pects,” Gramm said.
These two decades, Gramm said,
will be a crucial point in history
since they will determine whether
America will be the leader of the
free world or evenif there will be a
free world.
Balancing the federal budget is
hindered by rising taxes, Gramm
said, as taxes are rising more rapidly
than prices.
However, Gramm said he will not
vote for a tax cut during the next
congressional session. “The federal
government,” he said, “is taking 32
percent of every dollar and they
must get it from someone.”
Gramm said he did vote against
the recent proposed congressioal
pay increase.
“I voted against it for two reasons.
I didn’t think the people in my dis
trict wanted me to have it, and I ve
only been in office nine months and
I always expected to have a job for at
least a year before ever even think
ing about a raise.”
‘Happy Birthday,
Wanda June/
starts run tonight
A play written by Kurt Vonnegut
Jr. will open tonight at Texas A&M
University’s Rudder Forum.
Performances of the tragic com
edy “Happy Birthday, Wanda June”
will be 8 p.m. tonight through
Saturday and again the next Thurs
day through Saturday. Tickets are
$2 for students, $3 for the public
and are available at the University
Center Box Office or at the door.
Vonnegut is best known for his
novel “Slaughter House Five.”
The play, which opened on
Broadway in 1970, follows Vdn-
negut’s usual style, treating social
issues comically but with an offbeat
point of view.
3 Chinese chemists conducl
catalyst research at A&M
Three of the 300 Chinese scien
tists in America are working on a
catalyst program at Texas A&M
University, said Texas A&M
chemist Dr. Minoru Tsutsui who
will be in charge of their research.
The scientists are Yang Ji-hua, re
search associate with the Institute of
Applied Chemistry and research as
sociate Chang Yong-ben ant
graduate student Chen Li-ban, botlj
of the Chinese government’;
academy’s Institute of Chemistry.
The chemistry researchers wif
conduct basic research in catalysts,
especially organolanthanides, a
compound rare in the Western
world but abundant in China.
Battalion photo by Lee Roy Leschper Jr.
Congressman Phil Gramm discusses America’s oil situation
with members of the Bryan Rotary Club.
TOP DRAWER
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