Three Cent Gasoline Rise Seen With Decontrol
Washington reports indicate the Federal Energy Administration expects gasoline prices to rise about three cents per gallon when price controls end. President Ford aims to soften the impact by eliminating import fees on oil and may veto a House measure extending controls to next March. The predicted price drift depends on global oil moving to around $13 a barrel, offset by tariff removal to about three cents per gallon by year’s end. In other news, South Vietnam refugee repatriation urged. and a Philadelphia refinery fire claims six firefighters after a crude fire battle.
MENTIONED IN THIS ARTICLE
Washington
Federal Energy Administration
Ford
FEA
Eric Zausner
Zausner
Congress
Venezuelan senate greenlights oil nationalization plan
The Venezuelan senate approved a bill to nationalize the oil sector, transferring control from major U S firms to a new state company Petroleos Venezolanos. Compensation is set at the net book value, with firms quoting higher asset values, and all concessions to be handed to the state. President Perez, who took office in March, is expected to sign and move the measure to law.
MENTIONED IN THIS ARTICLE
Caracas
U.S
Chamber of Deputies
Carlos Andres Perez
Deoal
Petroleos Venezolanos
Exxon
Shel
Gulf Oil
Mobil
Sun Oil
Texaco
Perez
IM4
Crash injures U S tourists on German autobahn
Twelve American tourists were slightly injured and their Swiss guide hospitalized after a bus rear ended a truck on the Cologne Oberhausen autobahn. Another American passenger escaped injury. The French registered bus was en route to Amsterdam when it hit a braking vehicle causing a jam that backed up eight miles on the busy highway from Frankfurt through the Ruhr to the Dutch border.
MENTIONED IN THIS ARTICLE
Ratingen
West Germany
Cologne-Oberhausen
Amsterdam
Frankfurt
Ruhr
Dutel
Judge delays Hearst witness and other showbiz notes
A federal judge postponed the grand jury appearance of a key witness in the Patricia Hearst case, as motions to quash subpoenas are considered. The Scotts threaten jail for noncooperation amid claims of a nationwide FBI wiretapping campaign. Also reported are Luke Short’s death at 37, Sally Struthers returning to All in the Family, Princess Anne’s phone taps, and actor Arno’s death from Parkinson’s complications.
MENTIONED IN THIS ARTICLE
Patricia Hearst
Jack
Micki Scott
Pennsylvania
Miss Hearst
Harrisburg
FBI
Oberlin College
Scotts
William Jansen
Las Vegas
John
Lir Arno
Actors Fund
Woodland Hills
Arno
Hollywood
Manhattan
Trinidad
Agnew Withdraws From Coors Texas Distributorship Bid
Former vice president Spiro Agnew has withdrawn his name from consideration for a Texas Coors beer distributorship, citing publicity. Agnew and golfer Doug Sanders visited the Golden Colorado brewery on August 4 to apply for Houston area distribution as Coors expands with about 4,000 total bids for Texas franchises.
MENTIONED IN THIS ARTICLE
Spiro Agnew
Adolph Coors Co
Golden
Colo
Agnew
Coors
Doug Sanders
Houston
Texas
McCarthy Urges Students To Lead On Big Issues
Independent presidential hopeful Eugene McCarthy told National Students Congress in Washington that youths must take greater political action than the 1960s generation. He linked extended voting age to responsibility amid calls for addressing persistent two party stagnation and ongoing militarism post Vietnam. The Vatican plans a woman’s day on Sept. 14 as Pope Paul VI canonizes Elizabeth Ann Seton, the first US born saint born in New York in 1774.
MENTIONED IN THIS ARTICLE
Eugene McCarthy
National Students Congress
Washington
McCarthy
Student Congress
Vatican
Paul VI
Elizabeth Ann Bailey Seton
Elizabeth Seton
New York
Also Mentioned on This Page
LD Today
Combined News Services
House
South Vietnam
Guam
Joshua Eilberg
D-Pa
Henry Kissinger
Secretary of Defense
Philadelphia
Gell Ou Co
Venezuela
Senate
Oks Oil
Vienna
Austria
Organization of Petrolewn Exporting
West
China
Cambodia
Hong Kong
Peking Radio
Teng Hsiaoping
Khieu Samphan
Peking
Great Hall of the People
Khiew Samphan
Moscow
Urals
Lavestia
U.S. Agriculture Department
Kazakhstan
Nikita Khrushchev
Khrushchev
Patty Hearst
Luke Short
Aspen
Solo
Short
Fred Glidden
Coroner Creek
Vengeance Valley
Station West
Bantam Books
Sally Struthers
Miss Struthers
Archie Bunker
Gloria
Tandem Productions
Tandem
Bliss Struthers
Princess Anne
Post Office
London
Camberley
Army House
Sandhurst
Mark Phillips
Elizabeth McAlister Berrigan
Federal
Phil Shinnick
Livingston
N.J
Jay Weiner
Sprial
Kooki Jar
M.L
Our Gang, Inc
Lakewood
Chirk Ave
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