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Show oEtiouG fodoral barriers fo Gnorgy production investment for private industry, in-dustry, I forsee the skyrocketing skyrock-eting of privately sponsored synfuels development in future fu-ture years. He added that incentives needed for production include in-clude getting a handle on Inflation, In-flation, bringing down interest in-terest rates to an affordable level and improving existing exist-ing tax policies. Rep. Dan Marriott (R-Utah) (R-Utah) said that federal barriers bar-riers to private energy production pro-duction must be removed and production incentives provided pro-vided if America is ever to ' become energy independent. Marriott made the comments com-ments in a speech at the Salt Lake Hilton. Marriott the sponsor of legislation to remove barriers to oil shale and tar sands production, produc-tion, outlined a five point energy plan which he claims would lead the U.S. to energy independence. We must educate the public pub-lic so it will understand the energy scenario, make energy ener-gy independence a national priority, remove federal barriers which hinder free enterprise, provide incentives in-centives to production and determine the limits andpo-tential andpo-tential of our resources. The true cost of oil has arbitrarily been kept below the world market price. Consequently, Con-sequently, until recently the average U.S. citizen hasn't realized the severity of the energy crisis. A resolution to become independent will require-teamwork require-teamwork between produc- ers, consumers and environmentalists. environ-mentalists. The producer must develop de-velop alternate sources of energy. The consumer is going to have to conserve, and the environmentalist is going to have to realize that some trade offs will be necessary if we are to reach this goal. The Utahn supports the Reagan Administration's plan to shift synfuels funding fund-ing from federal to private sources, saying 'If the federal fed-eral government will cooperate, co-operate, the private sector will pick up the slack in synfuels production.' We must develop the capability capa-bility to stockpile a sizeable size-able domestic reserve of synthetic oil. In the event of another embargo or an unreasonable un-reasonable price increase, a reserve would be invaluable and very possibly save our economy. If federal barriers to free enterprise such as price controls, windfall profit taxes, tax-es, leasing moratoriums and land withdrawals are removed, re-moved, and production incentives in-centives are provided so that synfuels development will become a more attractive |