...cents per barrel. Depending upon the grade and quality of the crude oil, this ceiling price is about $1 below the world price. Since current levels of domestic...releasing from the ceiling prices so-called new oil, oil produced above last year levels, plus an adjustment for the remainder of current production. This...

...ceiling price is about $1.00 below the world price. Since current levels of domestic crude producton are insufficient to meet demand, Phase IV rules create...by releasing from the ceiling prices so-called "new oil"—ie, oil produced above last year levels—plus an adjustment for the remainder of current production....

...world price. Since current levels of domestic crude production are insufficient to meet demand, FEO rules create an incentive to encourage production...prices so-called "new oil" -- ie, oil produced above l972 levels — plus an adjustment for the remainder of current production. This additional production...

...world price. Since current levels of domestic crude production are insufficient to meet demand, FEO rules create an incentive to encourage production...prices so-called "new oil" -- ie, oil produced above 1972 levels — plus an adjustment for the remainder of current production. This additional production...

...current levels of domestic crude production are insufficient to meet demand, Phase IV rules created an incentive to encourage production of additional...so-called "new oil" — ie, oil produced above last years levels — plus an adjustment for the remainder of current production. The new oil is not covered...