Gerald Ford actually said...

The Nation would be more dependent on foreign oil--when we are already overly dependent and dangerously vulnerable.

Consumers would pay higher costs--particularly for electric bills--when consumer costs are already too high.

Coal production would be unnecessarily reduced--when this vital domestic energy resource is needed more than ever.

I am most delighted to be in Charlotte today to enjoy the wonderful spirit of this unique observance of our national Bicentennial.