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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Dec 13, 1974

Page

6

OPEC ministers back simple pricing plan in Vienna

OPEC ministers agreed in principle to a simple unified crude price system linked to an index of 20 to 30 international commodities. They postponed 1975 price decisions, with Amouzegar predicting Friday's ruling and Yamani noting no near price increases. A bomb scare briefly halted talks at OPEC headquarters.

Vienna UPI Jamshid Amouzegar Organization of Petroleum Exporting Countries OPEC Ahmed Zaki Yamani Amouzegar Iran

Alberta to raise price on crude to aid oil industry

Alberta plans a spring price increase on its crude oil to bolster the province’s petroleum sector. Ottawa cuts oil exports to 650000 barrels daily after year’s start to reserve oil for Canadian use. Wellhead price is 6.50 dollars. federal tax on exports is 5.40 dollars per barrel to offset imports.

Alberta Calgary Canada United States Ottawa Wellhead Middle East Venezuela

Kissinger urges NATO on economic unity and oil clash

Secretary of State Henry Kissinger told NATO leaders that confronting oil producers would bring disaster and warned inflation and unemployment have no common cure. He pressed Western cooperation to meet world economic pressures while noting fears of recession and its impact on defense.

Henry Kissinger NATO Brussels UPI Henry A. Kissinger Kissinger North Atlantic Treaty Organization Europe Japan Joseph Luns

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