Decontrol oil price lift begins amid controversy
Washington AP Carter administration starts lifting oil price ceilings on domestic oil Friday amid fierce debate over impact. Analysts differ on how much the price will rise, with estimates from $5 to $45 per barrel. The phase out spans over two years, with world market prices guiding future costs. Experts warn on both demand and supply effects as decontrol proceeds.
MENTIONED IN THIS ARTICLE
Gecontrol
Glenn Ritt
Washington
Energy Department
Organization of Petroleum Exporting Countries
Carter
Congressional Budget Office
America
American Petroleum Institute
Veterans sue VA to reinstate Agent Orange claims
The National Veterans Law Center filed suit Thursday to require the Veterans Administration to change its procedures and reconsider disability claims made by Vietnam war veterans exposed to the herbicide Agent Orange. A Downeast Airlines commuter plane crash killed at least seven of 18 aboard near a Maine coast road Wednesday. State Senate Clerk J C Dillon Jr resigns to focus on party matters ahead of 1980 and 1984 elections. There was one fatal coal mine accident in March in West Virginia with 489 non fatal accidents, the state reports. Peter Roberts of Chattanooga displays his wrench patent after a court ruling ordered Sears to return profits to the inventor.
MENTIONED IN THIS ARTICLE
National Veterans Law Center
Veterans Administration
Downeast Airlines
Maine
Senate
J.C. Dillon Jr
Dillon
West Virginia
State Department of Mines
Department
Peter Roberts
Chattanooga
Court Rules Carter Lacked Power Over Voluntary Guidelines
A federal judge ruled Carter overstepped authority by pressuring firms to follow voluntary wage price guidelines. The decision limits the White House tool to enforce inflation controls, though officials say the guidelines remain legally and publicly influential. AFL-CIO and unions challenged legality. Meany urged constitutional limits while endorsing broader anti inflation effort. Page Two.
MENTIONED IN THIS ARTICLE
Washington
Carter
Alfred E. Kahn
Kahn
Powell
Ared Matey
Afl-Cio
Labor
Congress
George Meany
Carter Calls Oil Leaders as Gas Prices Rise
President Carter summoned more than a dozen oil industry officials to a White House meeting on short notice to discuss escalating gasoline prices and tightening supplies. House Democrats, split over energy policy, gathered to decide how Congress should inform the public about shortages as the first phase of crude price decontrols takes effect.
MENTIONED IN THIS ARTICLE
Washington
Carter
White House
House
Thomas P. O'Neill
D-Mass
Congress
O'Neill
Bill Bradley
D-N.j
Economic Index Drops 3.3 Percent in April
Washington AP report shows a 3.3 percent drop in the composite index of 10 economic indicators, the largest in 10 years, with orders for manufactured goods down 6.1 percent. Some economists warn of a mild recession, while Commerce official Theodore Torda cautions that the decline may reflect holidays and labor strikes and may signal a breathing spell.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Theodore Torda
Douglas Rice
Teamsters
United
Authority Inspections Find Problems With DC-10 Jets
FAA inspections found issues in engine mount assemblies on 25 DC-10s, grounding as many as 2 percent of the fleet of 138 U.S. owned jets. Most DC-10s had passed prior checks and were cleared for takeoff, though public fear remained high after the O’Hare crash where an engine separated from a DC-10.
MENTIONED IN THIS ARTICLE
Authority
Associated Press
U.S
United Airlines
Bolt breakdown not cause in DC 10 crash probe
Washington AP The DC 10 runway bolt found near the wreckage did not cause the disaster but was broken by overstress after the crash. NTSB metallurgist Michael Marks said investigators initially blamed the bolt but it failed under stress following impact, as the American Airlines DC-10 crash near Chicago killed 274 people last Friday.
MENTIONED IN THIS ARTICLE
Washington
Michael Marks
National Transportation Safety Board
American Airlines
Chicago
Also Mentioned on This Page
US Dept. of Energy
Virginia
Kanawha County
Federal
Department of Health, Education and Welfare
John Paul
Muzorewa Takes
Abel Muzorewa
Zimbabwe
Rhodesia
Jody Powell
University of Utah Medical Center
David
Patricia Hansen
Ogden
Utah
Economist For Data Resources Inc
Cambridge, Mass
Torda
O’hare
Anthony George
Los Angeles International
New York
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