Saudi Arabia to Maintain Oil Production Through March 1980
Saudi Arabia will keep daily output at 9.5 million barrels through March 1980, as oil minister Sheik Ahmed Zaki Yamani stated in Brussels. The move comes amid OPEC price plans and growing talk of possible gasoline rationing and higher taxes in the United States to curb demand.
MENTIONED IN THIS ARTICLE
Saudi Arabia
America
Washington
Carter
Gannett
Brussels
Sheik Ahmed Zaki Yamani
Organization of Petroleum Exporting Countries
Caracas
OPEC
Yamani
United States
Algeria
Nigeria
Libya
Kuwait
Venezuela
Carter orders 60 day back to work at LIRR strike
President Carter signs a 60 day back to work order creating a three member fact finding panel to resolve the Long Island Rail Road strike affecting 180000 daily riders. Unions may reject the findings and resume the walkout after the period.
MENTIONED IN THIS ARTICLE
Washington
Carter
Long Island
LIRR
House stalls anti recession aid bill for January
Rep. Jack Brooks said the $1.15 billion anti recession measure will wait until after the Christmas recess. The bill would authorize $1 billion in aid to cities and counties in fiscal 1980 if economies decline two consecutive quarters, plus $125 million for a one shot distribution. The Fed reported industrial output fell 0.5 percent in November and gold closed at a record $465 an ounce.
MENTIONED IN THIS ARTICLE
Washington
UPI
House
Jack Brooks
Texas
Federal Reserve Board
New York
Chrysler rebate delays threaten Christmas for buyers
Detroit reports car buyers waited up to three months for $400 and $600 rebate checks from Chrysler. Lee Iacocca warned the company could run out of money in January while Walter Mondale urged Congress to act quickly to aid Chrysler. Rebate certificates promise four to six weeks, but Visual Services Inc. has fielded thousands of calls as delays persist.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Chrysler Corp
Chrysler
Lee Iacocca
Walter Mondale
Congress
Visual Services Inc
Clark says he will rescind gas tax and call February election
Prime Minister Joe Clark announced dissolution of Parliament and a Feb 18 election after his Progressive Conservative government fell in a no confidence vote over an 18 cent gas tax. He pledged to campaign on economic programs and reintroduce the budget if elected.
MENTIONED IN THIS ARTICLE
Ottawa
Joe Clark
Clark
House of Commons
Chicago faces largest desegregation court battle if no plan
UPI reports Justice Department urged Attorney General Civiletti to sue Chicago for desegregation unless the city reverses course and presents an acceptable plan. A source said Chicago would have a chance to negotiate before any filing, but without movement a lawsuit is expected.
MENTIONED IN THIS ARTICLE
Washington
UPI
Justice Department
Benjamin Civiletti
Chicago
Civiletti
Oil merger bill faces major setback on Capitol Hill
The bill to bar 18 large oil firms from buying other businesses worth 100 million dollars is viewed as in big trouble. The UPI report notes a Chamber of Commerce debate featuring Rep. Herbert Harris and Edwin Rothschild, with opposition from Sen. Simpson and Dr. Lesher who call the measure an assault on free enterprise and likely to fail.
MENTIONED IN THIS ARTICLE
Washington
UPI
Capitol Hill
Edward Kennedy
D-Mass
Howard Metzenbaum
D-Ohio
U.S. Chamber of Commerce
Herbert Harris
D-Va
Edwin Rothschild
Chamber
Alan Simpson
R-Wyo
Richard Lesher
Simpson
Congress
Rothschild
Energy Action Group
Federal progress slow on energy conservation
The GAO report criticizes the Carter administration and DOE for weak federal energy saving efforts. It notes gasoline usage up 18 percent since 1974 while coal use fell 27 percent, and urges Congress to mandate stronger conservation across agencies. The government consumes about 282 million barrels of oil annually, costing $4 billion.
MENTIONED IN THIS ARTICLE
Washington
UPI
America
Congressional
General Accounting Office
GAO
Energy Department
Congress
DOE
Carter
Europeans to enter space age from Kourou launch pad
In French Guiana, Europe prepares its first independent foray into the space age with an Ariane missile test by the European Space Agency. Officials report the final countdown began on schedule for a launch between 11 a.m. and 4 p.m. local time, as Europe aims to compete with the U.S. space shuttle program.
MENTIONED IN THIS ARTICLE
Kourou
French Guiana
Western Europe
European Space Agency
Cayenne
Also Mentioned on This Page
Bogachiel River
Forks
Wash
United Press International
United Arab Emirates
Qatar
Charles Duncan
International Energy Agency
Visual Services
Wilmington 10
Freed
Raleigh
N.C
Benjamin Chavis
James Hunt
Wilmington
Amnesty International
Chavis
Orange County
Washington, D.C
United Church of Christ
Reagan
Kennedy
Ronald Reagan
South Carolina
Sen
New Hampshire
Puerto Rico
Mexico City
Western Airlines
Charles Gilbert
Communications and Transports Ministry
Levis
Edgewood Road
Johnson Ave
Ging
Collins Road
Kmart East
Gabardine
Siegel
3Rd Ave
Soting
Sports Outfitters, Inc
C.R. Honda
Lindale Mall
Younkers
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