Arab Oil's Use As Weapon Eyed
A Middle East oil crisis looms as Arab producers threaten to cut crude output. Saudi Arabia and partners plan curbs of at least five percent monthly until Israel’s position is restored, sending potential shocks to Texaco Exxon Mobil and other Western refiners. US officials warn of broader economic impact while Nixon seeks a peaceful path amid mounting regional tensions.
MENTIONED IN THIS ARTICLE
Associated Press
Israel
Texaco
Exxon
Mobil
Royall
ter-Dutch Shell
Gulf
Standard Titary
California
Organization of Arab
Kuwait
Mideast
Saudi Arabia
Middle East
Jedly
Nixon
Wash
Ington
U.S
Algeria
John Connally
Ameri
Umaran Gas Association
al-Saqqa
Connally
House of Repretary of the Treasury
Ramat Hakovesh
Mom
Mitch Drummer
Ah Bers
Brooklyn
United States
Ilana Riback
Mt. Freem Administration
N.J
Nat Gross
New Rochelle
N.Y
David Stepnar
Montreal
United
Washington
Tel Aviv
Libya
Egypt
Syria
Europe
Persian Gulf
Japan
Kor
Drimmer
Bahrain
Man Living in Tent Made of Garbage Bags
Homestead Florida AP report features Leach, a New York transplant in his fifties, living in a tent of plastic garbage bags after moving south for warmer weather. He works odd jobs to eat, rejects past comforts, and reflects on life with minimal possessions while others discuss kibbutz volunteers and aid for Israel.
MENTIONED IN THIS ARTICLE
Homestead
Fla
Leach
New York
Miami
Israelis Open to Substantial Concessions in Peace Talks
Israeli Foreign Minister Abba Eban said Israel would be ready for major compromises in peace talks with the Arabs if its security is guaranteed. He urged a separation between cease-fire and negotiations while outlining a path to a settlement. In Paris, Senegal's President Senghor cited a Meir letter on possible withdrawal after a treaty with recognized borders. Meir reportedly sent the letter. Senghor’s report could not be confirmed. News followed Sadat’s UN peace conference offer and King Hussein’s statement that Israel might be ready to decide.
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Unum
Khan
Qrhat
Paris
Leopold Senghor
Senegal
Golda Meir
Israel
Jerusalem
Foreign Ministry
United Nations
Jordan
Hussein
Mideast War Could Jolt U.S. Consumers Says AP
A U S AP Special Correspondent estimates that the Arab Israeli conflict could slow global oil supplies and lift prices. The war threatens U S energy needs with Arab exports, mainly Saudi Arabia and others, shrinking output and prompting demand shifts in Japan Europe and the Americas.
Oil rationing urged as US may cut demand
Analysis suggests Arab unity could curb oil but Western demand keeps rising. Experts debate real impact and feasibility of sharp energy conservation. William E. Simon says a total effort might trim US consumption by up to three million barrels daily with strict rationing.
MENTIONED IN THIS ARTICLE
William E. Simon
United States
John
Lichtblau
Petrolileum Industry Research Foun
Lose 20 Pounds in Two Weeks Ski Team Diet Claim
An ad touts the U S Women s Alpine Ski Team Diet promising a 20 pound loss in two weeks with sustained energy. It pitches ease for workers travelers or home bodies and urges immediate orders for a $3 fee plus optional rush service to Jorma Products Co Solana Beach California.
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U.S
O.K
Jorma Products Co
P.O
Solana Beach
California
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