It's not easy to remove the hold on our government processes that have been in existence for a long time by the oil and gas companies, but I'm determ… - Jimmy Carter

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It's not easy to remove the hold on our government processes that have been in existence for a long time by the oil and gas companies, but I'm determined to do it with your help. In many ways, the acceptance by the American people and the acceptance by the American Congress of a comprehensive energy policy is a test of our strength and a test of our national will. The rest of the nations of the world watch us very closely to see if we can sacrifice in a time of international need. The proposal that we've put forward is bitter medicine, but it's not nearly so bitter as the catastrophe that might befall us if we don't take rapid action. We have put forward a well-balanced program that will induce our own selves to conserve energy of all kinds. It will induce us, without hurting us deeply, to shift to other forms of energy, away from oil and natural gas. I'm determined that the consumers of our Nation will not be hurt and that the oil suppliers, the companies that produce oil and gas, will not be enriched in an unwarranted fashion. We have built into our proposal adequate incentives to encourage oil and gas exploration and production. Under our own program new oil discovered by American companies in the future will have the highest price on Earth. But still the oil companies want more. And unless we stand firm, they may get it. And if they do, it will come out of the pockets of those who need it, who need the money and who need adequate energy supplies most. As a farmer, I know that we, just a small part of the American population, use $6 billion worth of oil and gas every year. About 75 percent of all the energy we use is oil and natural gas. This means that we have got to have a supply in the future, because it takes natural gas and propane to dry our crops. It takes oil to drive our tractors and our trucks and our other machinery. We can't very easily shift to coal. So, as we conserve and shift to other supplies of energy, in the production of electric power, for instance, it makes that much more available to farmers in the future when energy supplies become even more scarce.