Shale oil plans face hurdles from costs and policy shifts
Washington plans to speed shale oil research but faces high construction costs rising up to 50 percent and uncertain oil prices. Harry R. Johnson of the Interior Department notes industry risk and suggests potential government price supports, loan guarantees, or depreciation incentives to spur development, with a Ford announcement anticipated later this year.
MENTIONED IN THIS ARTICLE
Washington
UPI
America
Interior Department
Harry R. Johnson
Johnson
Rabbi says Nixon may begin world travel this year
Baruch Korff told United Press International that former President Richard Nixon has received invitations to visit several foreign countries and may travel again later this year if his health improves. He noted Nixon’s health was affected by Vietnam’s Communist takeover and revealed the Nixon Justice Fund has paid attorneys $165,000 with $161,804 still owed toward a $400,000 plan for legal expenses.
MENTIONED IN THIS ARTICLE
Washington
UPI
Baruch Korff
Richard M. Nixon
Korff
United Press International
South Vietnam
Nixon
President Nixon Justice Fund
Pill hailed as highly effective and generally safe
Rockefeller Foundation report led by Dr. Elizabeth Connell says the pill is highly effective and generally safe for most women, with low risk of serious illness or death. It notes unknown long term side effects require monitoring and cautions it may not suit all women or be fully reversible or simple to use.
MENTIONED IN THIS ARTICLE
New York
UPI
Rockefeller Foundation
Elizabeth Connell
Family Planning Perspectives
The
Planned Parenthood Federation of America
Tax reform panel backs ending tax breaks for insurers and rich Californians
The Assembly Revenue and Taxation Committee, on a 10 to 0 vote, approved AB1260 by Daniel Boatwright to raise by 25 million dollars the annual state tax on preference income and cut exclusions, while an 8 to 1 vote backed SB146 by David Roberts to end the home office deduction for insurance companies. Boatwright also touted a graduated rate for preference income and a possible general fund boost. Roberts expects voter approval in 1976 for a related measure.
MENTIONED IN THIS ARTICLE
Edmund G. Brown Jr
Boatwright
Ronald Reagan
Revenue and Taxation Committee
Roberts
McCarthy dismisses unicameral California legislature prospect
Sacramento report says Assembly Speaker Leo T. McCarthy believes a one house legislature has absolutely no prayer of passage in the Legislature. He says only an initiative drive to place the question on the ballot could create a unicameral system, as many lawmakers oppose merging the two houses.
MENTIONED IN THIS ARTICLE
Sacramento
UPS
California
Assembly
Leo T. McCarthy
McCarthy
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Ford
By Barnes
United States
Lompoc
BankAmericard
Layaway
Moore
Ways and Means Committee
Electrolux
David Gaitan
Merle Norman
North H St
Northside Shopping
Montgomery Wards
Santa Maria
Wards Store
By Walters
Lester
Atherton
Lester's
Er Vidai
Sales & Service
North E Street
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