JOURNAL - OFFICE OF LEGISLATIVE COUNSEL - WEDNESDAY - 12 SEPTEMBER 1973

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP75B00380R000400110033-4
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 3
• Document Creation Date: December 19, 2016
• Document Release Date: October 26, 2005
• Sequence Number: 33
• Publication Date: September 12, 1973
• Content Type: NOTES

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JOURNAL
OFFICE OF LEGISLATIVE COUNSEL
Wednesday - 12 September 1973
1. (Unclassified - PLC) Called Bill Breidenbach, Legislative
Analyst, OMB, and informed him that we generally concurred in State's
proposed reply to Chairman Fulbright, Senate Foreign Relations Com-
mittee, on S. Res. 94. This resolution requests the President to enter
into negotiations to establish an international organization of oil importing
countries. In its report, State saw little prospect that such an organiza-
tion could be formed. Breidenbach said our call would suffice and that
no written reply was necessary.
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 Approved FpSC t"O iY1ZA ~~=RF[ 751 519 400110033-4
WASHING'T'ON, D.C. 20403
AUG 9 1973
LEGISLATIVE REFERRAL MEMORANDUM
To: Legislative Liaison Officer
Department of the Interior
Department of the Treasury
Department of Commerce
Council on International Economic Policy
Central Intelligence Agency
Office of the Special Representative for
Trade Negotiations
Subject: State's proposed report on S. Res. 94, "Requesting
the President to enter into negotiations with major oil.
importing countries to establish an. international organization
of oil importing countries and to establish common practices
and policies affecting oil pricing, importation, and consumption."
The Office of Management and Budget would appreciate
receiving the views of your agency on the above subject
before advising on its relationship to the program of the
President, in accordance with 0MB Circular A-19.
(XX) To permit expeditious handling, it is requested
that your reply be made within 30-days.
Special circumstances require. priority treatment
and accordingly your views are requested by
UCH l 1Vi15 SUUU.Lu ;Je rezez-rea Lo J.L.I.J. 0-UQ.LUennacn
( 103x39-41 ) or to George R. Gilbert ( 103x4710 ) ,
. the legislative analyst in this office:
James F. C. Hy e, for
Assistant DirectaP for
Legislative Refer;cnce
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Honorable J. W. Fuibright, Chairman
Committee on Foreign Relations
United States Senate.
Dear Mr. Chairman;
I refer to your letter of April 6 requesting comments
from the Department of State on S.Res.94, "Requesting
the President to enter into negotiations with major
oil importing countries to establish an international
organization of oil importing countries to establish
common practices and policies affecting oil pricing,
importation and consumption", submitted on April 4,
1973, by Senator Stevens.
The Department of State has found little interest in
and widespread opposition by major oil importing
countries to the formation of the type of international
organization proposed in S.Res.94. Little prospect
currently exists that such an'organization could be
formed. However the Department has and will continue
to urge-more intensive consultation among consumer
nations and with the producing nations concerning
their oil policies to avoid misunderstandings of each
other's positions which could lead to confrontation
or a competitive scramble for oil. Within the framework
of the organization for Economic Cooperation and
Development (OECD), we are actively pursuing plans
for sharing oil in times of emergency or chronic shortages.
International cooperation in research and development
is also being actively pursued to develop energy
conserving technologies and to increase energy supplies
and diversify their sources.
The Office of Management and Budget advises that from the
.standpoint of the Administration's program there is
no objection to the submission of this report.
Sincerely,
Marshall Wright
Assistant Secretary for
Congressional Relations
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