150. Memorandum From the President’s Assistant for National Security Affairs (Brzezinski)1
- The Secretary of State
- The Secretary of the Treasury
- The Secretary of Defense
- The Secretary of Energy
- The Director, Office of Management and Budget
- The Chairman, Council of Economic Advisers
- The Assistant to the President for Domestic Affairs and Policy
- The Director of Central Intelligence
- Long-term National Security Strategy on Oil Prices
1. The President needs a paper on long-term policy (including 1979) on imported oil prices for PRC consideration.
2. The paper should be prepared by an inter-agency task force, and should address the question at Tab I, among others.
3. In preparing this paper, the task force should take into account the contingency planning being done as to what action the Executive Branch should take on domestic oil prices if the crude oil equalization tax is not passed by Congress.[Page 482]
4. The task force should be chaired by the Secretary of Energy and composed of the Departments of State, Treasury, Defense, OMB, CEA, DPS and NSC.
5. A preliminary report should be made by June 30, for consideration at a meeting of the Policy Review Committee.
- Source: Carter Library, National Security Council, Institutional Files, Box 72, PRC 80: Oil Pricing, 12–1–78. Secret.↩