Tentative OPEC Price Deal Skirts $20 Base for Oil
Geneva AP reported OPEC ministers forged a tentative structure with a base price around $18 for Saudi Arabia and up to $5.50 surcharges for higher quality oil, aiming for a near $20 base. Debate centered on Saudi Iran gaps, with a ceiling near $23.50 and a possible future rise in steps. A separate note recalls long gas lines affecting children like Rebecca Mann in Houston.
MENTIONED IN THIS ARTICLE
Geneva
Switzerland
World Oil Cartel
Saudi Arabia
Organization of Petroleum
Tayeh Abdul-Karim
Iraq
Libya
United Arab Emirates
OPEC
Iran
Ail
Sheik Ahmed Zaki Yamani
Organization of Petroleum Exporting Countries
Abdul Aziz bin Khalifa Al-Thani
Qatar
Rebecca Mann
Parity skies bring a mix of showers through Friday
The forecast calls for clouds and scattered showers or thundershowers today through Friday with highs in the 70s to 80s and nights in the 50s to around 60. Today should be mostly sunny with a slight chance of an afternoon thunder shower in the southwest, highs near 80. Fair tonight with lows 60 to 65. Friday offers partial sun and a chance of afternoon thundershower with highs in the low to mid 80s.
SALT II Revisions Demanded by Baker in Senate
Senate Republican Leader Howard Baker urged President Carter and the Soviet Union to accept substantial amendments to the SALT II treaty or risk Senate rejection. He said only major changes, including cutting the Soviet 308 heavy missiles, could win his support and warned amendments would not end negotiations. Baker, a potential 1980 Republican candidate, cited two long talks with Carter and rejected claims that amendments would kill the treaty.
MENTIONED IN THIS ARTICLE
Washington
Senate
Howard H. Baker Jr
Carter
Baker
Tennessee
Andrei Gromyko
United States
U.S
Soviet Union
Carter Provisions Tense Oil Summit Amid European Clash
President Carter arrives at the Akasaka Palace as seven nation leaders from Japan West Germany Britain France Italy Canada and the United States open an economic summit. Disputes over oil import limits versus a Europe wide reduction target threaten to complicate a global effort to curb oil consumption while a refugee resettlement topic looms.
MENTIONED IN THIS ARTICLE
Tokyo
Carter
Valery Giscard d’Estaing
United States
Japan
Germany
France
Great Britain
Canada
Italy
Akasaka
Organization of In
Geneva
Europe
U.S
West Germany
Britain
Rockefeller Links Over Expansion To West Virginia Coal Woes
West Virginia Governor John D. Rockefeller IV pins coal industry over-expansion in 1973 74 for state coal woes. He notes demand forecasts exceeded reality and cites EPA standards potentially boosting demand for low-sulphur Appalachian coal while current rules favor Western coal. He stresses ongoing use of Trade Readjustment Act funds to aid miners facing job loss, though program review is by company not individually.
MENTIONED IN THIS ARTICLE
West Virginia
John D. Rockefeller IV
Rockefeller
EPA
Appalachian
New England
Gas may reach $1 a gallon in West Virginia soon
Charleston AP reports industry officials forecast gasoline hitting $1 per gallon statewide within weeks. Dealers may adjust pumps to charge above $1 by halffuel, with experts predicting prices could rise to $1.10 later this year as OPEC boosts crude prices by about 30 percent.
MENTIONED IN THIS ARTICLE
Charleston
W.va
Marvin Gray
West Virginia Gasoline Dealers Association
Bill Bell
Association
State Fuel and Energy Office
State Department of Labor
Gray
OPEC
Also Mentioned on This Page
Houston
Rebecca
Matthew Zaal
Virginia
Department of
Department
The
Supreme Court
Turkey
Dalton
Gov
John Dalton
Virginia State Travel Service
Edward S. DeBolt
ESD and Company Inc of
Arlington
Skylab
National Aeronautics and Space Administration
Shah Injured
Revolutionary Court
Cuernavaca
Lane Egal
Inside Today
Karen Kaplan
Orioles
Bluefield
Baltimore
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