NE Fuel Official Warns of Oil Price Shocks From New Law
Charles Burkhart of the New England Fuel Institute says a law requiring 30 percent of imported oil to be moved on American ships would push oil prices higher by 20 to 60 billion dollars. He notes New England, importing about 92 percent of its oil, would be hit hardest. He mentions the Energy Transportation Security Act currently requires 5 percent of imports to be transported domestically.
MENTIONED IN THIS ARTICLE
NE Fuel
Brookline, Mass
UPI
New England Fuel Institute
Charles Burkhart
U.S
New England
Burkhard
America
Senate
Guerrillas and rightists end Beirut clashes after four days
Palestinian guerrillas and Phalangist militiamen agreed to cease fire in Dikwaneh near Beirut, ending the worst fighting in the area for a year. Four commandos killed, twenty Phalangists wounded, with government patrols to enforce the truce and Lebanese security supervision.
MENTIONED IN THIS ARTICLE
Beirut
Dikwaneh
Ibrahim Gedeon
Lebanon
Party
Banese
Offi
Governors eat well at Midwest Governors Conference
Governors from the Midwest shared a lavish breakfast funded by the American Petroleum Institute before addressing the world food crisis. Experts warned of widespread starvation in the coming years while leaders urged the United States to take decisive action and provide leadership to boost food production and fair crop pricing. Golf and tennis breaks followed the discussions.
MENTIONED IN THIS ARTICLE
Minneapolis
Minn
UPI
Midwest
American Petroleum Institute
United States
Hubert H. Humphrey
D-Minn
Humphrey
Man charged with murder in Manhattan church fires
Gordon Earl Marais, 56, recently released from a federal mental hospital, was charged with murder arson and burglary in connection with three fires at Manhattan churches. He was ordered kept without bail under a special death watch after a note claimed he would destroy the temple.
MENTIONED IN THIS ARTICLE
New York
UPI
Manhattan
Criminal Court
Bruce Wright
Gordon Earl Marais
Washington
Marais
Tax bill would cut tab for mid income people
Washington based report notes House Ways and Means Committee nears completion of a broad tax bill. It would deliver a 1.6 billion income tax cut by abolishing or limiting deductions then adding a general deduction and higher standard deduction. Lowest earners would see sizable cuts. middle earners smaller. high earners largely unchanged or slightly higher.
MENTIONED IN THIS ARTICLE
Washington
UPI
House
Ways and Means Committee
Treasury
Dean to learn Friday about jail sentence
John W. Dean III faces sentencing on one count of conspiracy to obstruct justice in Washington. United States District Court Judge John J. Sirica will decide whether Dean, 35, will go to prison, with potential penalties up to five years and fines up to $10,000, though prosecutors expect a lighter sentence for cooperation.
MENTIONED IN THIS ARTICLE
Washington
UPI
John W. Dean III
Nixon
Dean
US District Court
John J. Sirica
Stock charges against Howard Hughes indicted in Nevada
UPI reports a Nevada grand jury indicted Howard Hughes and three others on stock manipulation and related fraud tied to Hughes Airwest. The move, done seven hours before the statute of limitations expired, follows a showdown with Washington over prosecuting Hughes.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
UPI
U.S
Howard Hughes
Washington
Devoe Heaton
Nevada
Justice Department
Heaton
Hughes
Bahamas
Lawrence Silberman
Dean Vernon
Roger Foley
Convict threatens to blow up held people in prison
In Huntsville Texas UPI reports convict Fred Gomez Carrasco threatens to explode a hazardous device attached to one of 13 held people unless prison officials surrender for six bulletproof vests. He demands two vests for himself and two confederates and threatens fatal harm to a female captive if not met.
MENTIONED IN THIS ARTICLE
Huntsville
Tex
UPI
Fred Gomez Carrasco
Carrasco
Ron Taylor
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