Decontrol of Petroleum Prices Will Raise Defense Budget
Washington AP reports Pentagon experts estimate the Defense Department fuel bill will rise by 150 to 160 million dollars annually after domestic petroleum price decontrol. Higher costs could fund hundreds of tanks or aircraft, with aviation fuel costs possibly adding 500 million yearly. Ford’s veto of price controls looms, and airline jet fuel surcharges were sought amid budget strain.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
Pentagon
Ford
Congress
United States
United Airlines
Kohjin Co. to file for bankruptcy in Japan
Kohjin Co. a diversified pulp textile and real estate firm with over 225 million dollars in yearly sales announced Tuesday it will apply for bankruptcy. It is described as Japan's biggest corporate failure since World War II ending, and its collapse follows a harsh global recession and rising oil prices.
MENTIONED IN THIS ARTICLE
Tokyo
Kohjin Co
Japan
Teiichiro Morinaga
Central Bank
Kohjin
Bank of Japan
Maillion
Also Mentioned on This Page
High Point Enterprise
Defense
Presidential
Ron Nelsen
Health and Beauty Aid
ACORN
Tame Glen
Requisr Wantahi
Clearasil
Corn Silke Foundation
Oor
North Main St
Eastchester
A&p
High Point
N.C
Hotor tLb
Vn Pas
Anner
Vienna
Comet Rice
Aris
Seay
Duff
Devil's Food
Cisa de Rec Ceramics
Borden Frozen
Minute Maid
Ane Parker
Des Parker
Jane Parker Ee
Dane Parker
Ajaxiz
Kachasp
Sree
Lay
Aurora Arora
EEA Acbap Coupone
Heine
Ind Tre