Page:United States Statutes at Large Volume 94 Part 3.djvu/1026

 94 STAT. 3670

CONCURRENT RESOLUTIONS—JULY 1, 1980 quality, fuel efficient automobiles and trucks; and, in addition, the Administration and the Congress should review regulatory and import policies to assess their possible effect on the efforts of United States industry to retool for lighter, fuel efficient cars; and (4) it is in the national interest of the United States to reduce substantially the high level of unemployment in the automobile, truck, and related industries; and the Congress therefore calls on the Administration, foreign governments, foreign and domestic manufacturers and affected labor unions to take immediate steps to alleviate short-range unemployment in the United States and to encourage these basic industries to build United States employment for the future; and (5) during this period of transition for the United States auto industry, reasonable restraint should be exercised by all affected parties with respect to prices and wages so as not to place an undue burden on American consumers. Agreed to June 24, 1980.

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ALASKA NATURAL GAS TRANSPORTATION SYSTEM

[S. Con. Res. 104]

Whereas, the Alaska Natural Gas Transportation System is a critically important energy project that will tap Alaska's North Slope natural gas reserves which constitute more than 10 percent of this Nation's entire proven natural gas reserves; Whereas, the System, when complete, will supply the United States with 5 percent of its annual natural gas demand, displacing over four hundred thousand barrels of oil, thereby greatly reducing this Nation's excessive dependence on foreign oil; Whereas, the Congress has already expressed its overwhelming support for the System in approving by joint resolution the President's 1977 Decision on the Alaska Natural Gas Transportation System; Whereas, a portion of the System known as prebuild can be constructed by the end of 1981 to bring Canadian gas to this Nation until the entire System is complete in 1985; Whereas, prebuild will contribute to completion of the entire System by spreading demand for capital, labor and materials over several years, and will enable this Nation to obtain Canadian natural gas to displace two hundred thousand barrels of foreign oil a day; Whereas, the Federal Energy Regulatory Commission has issued decisions granting certificates for the prebuild facilities in the United States; Whereas, the sponsors of the Alaskan segment of the System and the North Slope natural gas producers have entered into an agreement to fund and manage jointly the design, engineering and cost estimation for the Alaskan segment and have made a joint Statement of Intention to work to develop a financing plan for the Alaskan segment with the object of completing construction by the end of 1985: Now, therefore, be it Resolved by the Senate (the House of Representatives concurring). That it is the sense of the Congress that the System remains an

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