OPEC Members Abandon 5 Percent Oil Price Hike
Eleven OPEC member nations dropped a planned five percent rise in oil prices potentially saving oil buyers over two billion dollars in the second half of the year. The move, favored by Saudi Arabia and the UAE, reduces expected crude from eleven members to about 12.70 a barrel while U.S. industry observers say pump prices would rise little.
MENTIONED IN THIS ARTICLE
Nicosia
Cyprus
Organization of Petroleum Exporting Countries
Middle East
The
Economic Survey
Reliable Oil Journal
OPEC
Saudi Arabia
United Arab Emirates
Doha
Qatar
Uae
Mobil Oil Corp
John Lichtblau
Oil Company Supported Petroleum Industry Reseach Foundation
New York
U.S
United States
Iran
Eugene Nowak
Abqaiq
Venezuela
Kuwait
Iraq
Governors urge deregulation of natural gas prices in Congress
Texas Governor Dolph Briscoe and Oklahoma Governor David Boren urged Congress to reject President Carter's price cap and allow deregulated pricing. They argued higher, market determined prices would spur exploration and increase supply, while warning a uniform national price would harm local gas reserves and energy plans.
MENTIONED IN THIS ARTICLE
Washington
Texas
Oklahoma
Congress
Carter
Dolph Briscoe
House
Briscoe
Energy and Power
David Boren
Robert Krueger
D-Tex
Anthony Toby Moffett
Dconn
Dave Stockman
R-Mich
Mack Wallace
Texas Railroad Commission
Garrett Morris
Public Utility Commission
Charles Willis
Energy Resources Board of
New Mexico
Twenty two jailed in area drug bust across eight Texas Panhandle counties
A five month narcotics investigation led to 22 arrests in Potter Randall Gray Hutchinson Carson Swisher Collingsworth and Hale counties. DPS officers and local police executed raids Thursday and Friday with warrants for 37 suspects. Officials noted multiple arrests on several warrants and ongoing efforts to apprehend remaining figures as weather forecasts show remaining unsettled conditions.
MENTIONED IN THIS ARTICLE
Bee
Department of Public Safety
Potter
Randall
Gray
Hutchinson
Carson
Swisher
Collingsworth
Hale
Texas Panhandle
DPS
Bill Sneed
DPS Narcotic Division
Amarillo
Gray County
Pamp
Pampa
Feder
Alcohol, Tobacco and Firearms Agency
Richard Mills
Mills
Sneed
Potter County
Panhandle
Jim Murray
Lubbock
Edwards doubts Carter energy plan will pass Congress
New Orleans Governor Edwin Edwards told a regional league of cities meeting that Congress will reject President Carter energy proposals focusing on conservation and not enough emphasis on production. He urged stronger measures and warned the plan would offer false hope if enacted.
MENTIONED IN THIS ARTICLE
New Orleans
Louisiana
Edwin Edwards
Carter
National League of Cities
Edwards
Congress
U. S
Carter signs jobs bills to create over a million positions
President Carter approves two bills expected to yield more than 1.1 million jobs, mainly for construction workers and youth. Public works funding totals 4 billion dollars for schools and utilities, while a 20 billion dollar package adds 4 billion for public works, 1 billion for youth jobs, and 8 billion for public service roles over 18 months.
MENTIONED IN THIS ARTICLE
Washington
Carter
Debor ah Mari life support disconnected in Massachusetts
Fourteen year old Deborah Mari was declared clinically dead after a court ordered removal of her respirator. Her father requested the life support be stopped so organs could be donated, with the family seeking kidney and eye transplants. The ruling follows Harvard Medical School death criteria and brain-wave tests.
MENTIONED IN THIS ARTICLE
Brockton
Mass
Deborah Mari
Debbie
Louis Mari
Mari
Abingdon
Brockton City Hospital
Superior Court
Henry Chmielinski
Deborah
Massachusetts
Chmielinski
Harvard Medical School
Boston Area
Janice
Also Mentioned on This Page
QPEC
Exxon Corp
Shell Oil Co
Jack Brooks
David Bowser
Globe News
Sein
Sacramento
Calif
Carter Energy
Gerald R. Ford
Commerce Department
Economic Development Administration
White House Rose Garden
Afl-Cio
George Meany
White House
Europe
Maris
Dist. Aty
Thomas E. Finnerty
Howard Carpenter
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