East Coast Oil Rules May Change Home Heating Costs
Federal Energy Administration issues equalization rules to level crude oil costs among refiners and fuel oil costs among distributors over the next two months. East Coast, especially New England, could save about 30 million dollars a month by accessing price controlled domestic oil, while landlocked central and northern states may see higher prices as they bear more cost of imported oil. The plan targets two price control tiers and also protects competition among marketers of two major fuels. A Senate report notes seven of the largest oil companies pay five percent or less of net income in federal taxes.
MENTIONED IN THIS ARTICLE
Washington
Federal Energy Administration
FEA
Robert E. Montgomery Jr
Ois
New England
Senate
Robber Surrenders After Christmas Hostage Drama in San Francisco
In San Francisco a would be robber seeking to go home for Christmas released five hostages and surrendered after police agreed to fly his mother from Dallas. John L. Gilliam 26 and accomplice Raymond Tompkins 25 were booked on robbery kidnapping and burglary. Gilliam a Vietnam veteran delayed by parole restrictions, hoped to reunite his family for Christmas. Police described a tense standoff at Petrini Plaza Market near Golden Gate Park with seven workers seized in a boiler room before a dramatic exit.
MENTIONED IN THIS ARTICLE
San Francisco
Dallas
Tex
John L. Gilliam
Raymond J.tompkins
Marie Maxwell
Gilliam
Sis
Ter
Texas
Louise Gilliam
Tim Casey
Petrini Plaza Market
Golden Gate Park Panhandle
Casey
Chico Garcia
Garcia
Sugar Refiners Cut Prices Amid High Wholesale Sugar
The nation's largest cane sugar refiner Amstar Corp and Sucrest Corp cut prices by about five cents a pound, with CPC International also lowering 5.1 per 100 pounds. Retail impact lags due to earlier wholesale boosts. government hearings probe refiners' profits as demand appears soft but supplies remain tight.
MENTIONED IN THIS ARTICLE
New York
Amstar Corp
Sucrest Corp
CPC International
Amstar
Sucrest
Robert Quittmeyer
Community Personal Notices Section 6A Encouraged
Local readers are invited to share happy life events in the personal notices section 6A. The notice board aims to collect engagements weddings birthdays and anniversaries for publication in upcoming editions.
Also Mentioned on This Page
A&p
A& P
USDA
Carnation
Peg
Meer
Dailey
Mueller
RETAN
Marvel
Jane Parker
Apple Pie
Angel Food
Bai
Mre
Couron
Tae
Mera
JAR
Ocean ST. South Portland
National Institute of Health
Maine
Fryeburg
American Legion Hall
Bradley Street
Portland
Howard Johnson’s Motor Lodge
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