07/24/1978
https://www.presidency.ucsb.edu...
"This program will provide significant economic and national security benefits through accelerated oil and gas displacement effort."
"No other sector of the economy can achieve as great a near-term savings of oil and gas, particularly through conversion of existing facilities to coal, and expanded energy conservation measures."
"The program I am proposing today consists of two parts."
"Unless a Federal program is developed to overcome these financial and institutional barriers, oil and gas consumption will not be substantially reduced and could actually increase in the near-term in ..."