08/28/1980
https://www.presidency.ucsb.edu...
"I strongly support the Ad Hoc Committee's amendment to strengthen the tax on oil and gas use by large industrial consumers."
"I do not believe that an amendment which would 'plow back' some of the revenues collected under the crude oil equalization tax is necessary or fair."
"Prompt congressional action on the consumer agency legislation will result not only in more efficient conduct of consumer representation functions, but also in a savings to American taxpayers."
"I believe that the formula adopted by the Ad Hoc Committee for rebates of the crude oil equalization tax should not be changed."