Jimmy Carter actually said...

I have signed H.R. 2502, which extends for 4 years, 17 Federal oil and gas leases in Wyoming.

The purpose of the extension is to permit the lessees the additional time needed to drill an ultradeep well.

Deregulation would only increase supplies by about 2 per cent above my program.

I strongly support the Ad Hoc Committee's amendment to strengthen the tax on oil and gas use by large industrial consumers.