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Conversation: 845-011

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Start Date: 31-Jan-1973 4:52 PM

End Date: 31-Jan-1973 6:13 PM

Participants:

Nixon, Richard M. (President)Connally, John B.Bull, Stephen B.

Recording Device: Oval Office

845-011.mp3

NARA Description:

On January 31, 1973, President Richard M. Nixon, John B. Connally, and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 4:52 pm and 6:13 pm. The Oval Office taping system captured this recording, which is known as Conversation 845-011 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 845-11

Date: January 31, 1973
Time: Unknown between 4:52 pm and 6:13 pm
                                                  -18-

                     NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                                        Tape Subject Log
                                         (rev. Mar.-09)

                                                            Conversation No. 845-11 (cont’d)

Location: Oval Office

The President met with John B. Connally.

       The President's schedule

               -Delay
               -Meeting with Japanese officials
                    -Translation
                    -Eisaku Sato
                          -Kakuei Tanaka
                                -Nationalism
                          -Nobusuke Kishi

       Japan
               -Economics
               -Sato
               -Tanaka
               -Ambitions
               -Balance of trade
               -People's Republic of China [PRC]

       Connally's meeting with George P. Shultz
            -Energy crisis
                  -Possibility of gasoline rationing
                  -Fuel oil supplies
                        -University of Texas, Austin
                        -San Marcos State Teachers College
                               -Lyndon B. Johnson
                        -Environmentalists
                        -Price
                               -Compared to crude oil
                        -Crude Oil
                               -Domestic
                               -Foreign
                                     -Arab and Organization of Petroleum Exporting Countries
                                     [OPEC] sales
                                     -Marketing
                                           -Japan, Germany, Italy, US
                                     -Impact of US
                                        -19-

              NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                                 Tape Subject Log
                                  (rev. Mar.-09)

                                                         Conversation No. 845-11 (cont’d)


Congress relations
     -Trade legislation

Energy crisis
     -US foreign oil relationships
            -Canada
            -[Shah of Iran] Mohammed Reza Pahlavi
            -Saudi Arabia
            -Venezuela
            -Import program
            -Congress
                 -Trade
                        -Japan
                        -Tariffs, importation controls

Trade
        -Labor
             -Seafarers Union
             -Frank Fitzsimmons
             -Oil companies
             -Transportation of oil to US
        -Raw materials
             -Oil
             -Production
             -Shipping
                   -El Paso
                         -Algeria
                   -Soviet Union
        -Economic indices, 1972
             -Stock market
             -Strength of US dollar
             -Budget
                   -Japan
                   -Canada

Issues
      -Energy crisis
      -Trade
                                               -20-

                   NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                                      Tape Subject Log
                                       (rev. Mar.-09)

                                                            Conversation No. 845-11 (cont’d)

       Energy crisis
            -US import program
            -Economic Resources Corporation
                   -World War II
                          -Tin, rubber
                   -US government role
            -Congress
                   -Possible purchase from US oil companies with overseas operations
                          -Saudi Arabia
                          -Libya
                          -[Shah of Iran] Pahlavi
                                 -Gulf Oil
                                 -Standard Oil
            -Japan
                   -British Petroleum
                          -Oil reserves
                                 -Abu Dhabi
                   -[Shah of Iran] Pahlavi
             -US oil companies
                   -Need for US government support
            -Great Britain
                   -British Petrolium
                   -North Sea
            -US needs
                   -Alaskan pipeline
                          -Environmental considerations

       Domestic programs
           -Cuts
                  Criticism of the President

Stephen B. Bull entered at an unknown time after 4:52 pm.

       Connally's schedule
            -Tate phone call

Connally left at an unknown time before 6:13 pm.

       The President's remarks at prayer breakfast
            -Text
                                               -21-

                   NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                                       Tape Subject Log
                                        (rev. Mar.-09)

                                                             Conversation No. 845-11 (cont’d)

                  -Typing
                       -Majorie P. Acker

Bull left at an unknown time before 6:13 pm.