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U.S. Department of Energy
Office of Scientific and Technical Information

Economic impact of the President's 39 month decontrol proposal

Technical Report ·
DOI:https://doi.org/10.2172/5982509· OSTI ID:5982509
The President's proposed phased decontrol of old oil together with a windfall profits tax and the rebates to consumers of the windfall profits revenues and the crude and import fees collected will dampen demand and increase supply by 1978, hence reducing U.S. reliance on insecure imports without adverse economic impact. This, in turn, reduces our vulnerability to future embargoes.
Research Organization:
Federal Energy Administration, Washington, DC (USA)
OSTI ID:
5982509
Report Number(s):
DOE/TIC-10473
Country of Publication:
United States
Language:
English

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