02 Apr 1976
Page 1
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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Apr 02, 1976
Page
1
Eckhardt warned the decontrol of oil prices sounded good in theory but the recession made it impractical due to inflation. He discussed balancing profits for exploration with inflation risks and noted Congress faced different figures before settling on a $5.25 price point. See WARD Page 14
A 7 million dollar terminal at Lubbock Regional Airport was celebrated with a reception and steak dinner for about 600 officials and airline representatives. Gov. Briscoe and federal lawmakers sent letters. ribbon cutting was set for today with Francisco Lorenzo to christen the DU 9 City of Lubbock. Open house follows and commercial flights begin April 11.
The board and new president search panel meet to outline desired qualities for Tech's ninth president. Regent chairman Clit Formby notes consensus on key traits and says specifics remain with the screening committee. The session ends with plans to continue the discussion on page 14.
In Austin Governor works to lower costs for residents by reducing utility bills amid efforts to curb rising living expenses. Local agencies show preliminary plans targeting households and small businesses with potential rate adjustments.
Mayoral candidate Sandra Cleaver files suit alleging misuse of Lubbock Power and Light bond funds and seeks to halt a $4.4 million bond sale on the 1973 issue while Bass runs for re election. Affidavits from CPAs are claimed to be falsely sworn as part of the filing.
President Ford's labor troubleshooter works to settle a coast to coast truckers walkout that could halt commerce. Officials warn plant shutdowns and layoffs may occur within days without a national agreement between the Teamsters and Trucking Employers Inc. The strike threatens about 1 million workers and $300 million in shipments, with 16 000 firms involved and 24 hour disruption at times.
A reader offers a brief prayer praising heavenly Father through Jesus and asking help to live for others. The supplication ends with a blessing in Jesus name.
Urban renewal efforts to upgrade zoning in a North Lubbock residential area received approval from the planning commission and were okayed by the Lubbock City Council. The action affects several blocks in the Roberts and McWhorter Additions north of Sid Street and south of Since the 1970s, residents have debated the plan amid pro and con positions.
Hopeful Briscoe proposed revising rate structures and a special session could examine the idea. The governor endorsed a lifeline rate providing a minimum monthly electricity allotment to residential users.
Governor signals possible special session if legislative leaders reach consensus on natural gas tax revisions to ease tax burdens for Tejas consumers. The note appears in a fragment referencing hearings and committee discussions.
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