Oil bonanza under Antarctica could hold billions of barrels
Navy captain said geologists estimate the continental shelf off Marie Byrd Land may hide up to 45 billion barrels of oil though no exploration has begun. He noted copper nickel and iron deposits and questioned who has rights to extract them amid ongoing Deep Freeze support work.
MENTIONED IN THIS ARTICLE
Honolulu
Hawaii
UPI
Antarctica
Eugene van Reeth
Navy
Antarctic
Marie Byrd Land
van Reeth
U S to Ship 350000 Tons Wheat to Bangladesh
U S officials announced plans to ship 350000 metric tons of wheat to Bangladesh by June 30 under Food for Peace. The move lifts total Bangladesh wheat aid to 550000 tons worth about 93 million dollars, funded with low interest credit while private traders handle sales.
MENTIONED IN THIS ARTICLE
Washington
UPI
Bangladesh
Agriculture Department
U.S
India
China
Russia
Pentagon cuts two military commands in Alaska and Colorado
The Pentagon on Friday night announced the elimination of two unified commands in Alaska and Colorado. Responsibilities will shift to other headquarters by July 1, with 315 military and civilian jobs cut and no stated dollar savings.
MENTIONED IN THIS ARTICLE
Pentagon
Washington
Alaska
Colorado
Alaskan Command
Continental Air Defense Command
CONAD
Colorado Springs
Army
U.S
Europe
Atlantic Area
Pacific
James R. Schlesinger
The
Oil glut prompts hidden price cuts worldwide
A global oil surplus eases fears of shortage and spurs potential reductions. OPEC members consider production cuts to hold prices near 1973 highs, while domestic firms may or may not pass savings to U S consumers as inflation persists. Oil storage and tanker idleness underscore weaker demand and slower refinery output across regions.
MENTIONED IN THIS ARTICLE
Louis Nevin London
Organization of Petroleum Exporting Countries
United States
Europe
OPEC
Algeria
Ecuador
Gabon
Indonesia
Iran
Iraq
Kuwait
Libya
Nigeria
Qatar
Saudi Arabia
United Arab Emirates
Venezuela
Abu Dhabi
Manna Saeed al- Otaiba
Paris
Jamshid Amouzegar
Vienna
U.S
Henry A. Kissinger
Zurich
Algiers
Also Mentioned on This Page
By Fred Hoffman
Howard Asto
Mall N Los Cerritos
Art Wien
Seys
Norweian
Britain
Energy Department
Lloyds
London
Persian Gulf
Strass
Canoga Park
Whittier
San Diego
AG Sea
Maria Therese
BankAmericaid
Pepperwood
Lakewood Center
Los Cerritos Center
Onic
Santa Ana
North Main
Hali-Specht South Bay
Hawthorne
Whittier Blvd
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