On the recordDecember 29, 1974
It would create serious inflationary pressures by increasing the cost of oil and raising the prices of all products and services which depend on oil.
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presidency.ucsb.eduGerald Ford: “It would create serious inflationary pressures by increasing the cost of oil and raising the prices of all products and…”
Editor's note · Context
Memorandum of Disapproval of United States Tanker Preference Legislation
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