States that the United States is committed to: (1) an energy pricing, import, and tax policy; (2) adoption of specific energy legislation; (3) adoption of a national energy conservation policy; (4) adoption of an energy production policy; (5) adoption of an energy research and development program; and (6) adoption of a program of Federal, State, and local cooperation to deal with the critical economic and energy problems facing the Nation.
Sets forth goals to be achieved by each policy or program. Declares that by taking the aforesaid actions, many of which can be implemented immediately by the Administration under existing legislative authority and pending amendments to the Export Administration Act, the President and the Nation can combat inflation at home, and with export control authority, and strategic reserves, bargain in cooperation with other oil consuming nations for concessions from the Organization of Petroleum Exporting Countries to alleviate a grave international crisis.
Introduced in Senate
Placed on calendar in Senate under "Subjects on the Table".
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