Energy crisis optimism grows on market and oil talks
The Petroleum Industry Research Foundation said U S fuel shortages in early 1974 may be less severe than government estimates show. The stock market rose for a third straight session as investors shifted away from energy concerns amid easing Middle East news. Saudi oil minister Ahmed Zaki al-Yar? remains a factor in ongoing discussions.
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Petroleum Industry Research Foundation, Inc
U.S
Toilet Tissue May Become Luxury Item
Rep. Harold Froehlich of Wisconsin warns a toilet paper shortage may emerge early next year due to paper pulp shortages and rising exports. He cites Sheraton International and Hilton Hotels officials noting widespread shortages and worsening conditions despite mixed hotel responses. The Arab oil embargo actions hover over possible oil supply relief if Israel withdraws from occupied lands as Congress moves to address the crisis.
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