At the present time, with exploration and development declining, it is essential that there be a careful review of this entire problem to insure that policy regarding depletion is adequate to safeguard our future energy needs.
On the recordOctober 12, 1960
Source
presidency.ucsb.eduEditor's note · Context
Letter of Senator John F. Kennedy to Gerald C. Mann on Oil Depletion Allowance
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The recommendations are likewise acceptable to me, and will be included in my budget recommendations to the Congress in January.
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