Lougheed Rejects Oil Pricing Cuts
Ottawa reports Premier Peter Lougheed repudiated a 1981 federal Alberta deal that set a 75 percent ceiling on Canadian oil prices, saying the agreement was predicated on rising rather than falling prices. Trudeau invited premiers to discuss the economy over dinner March 16 as world oil markets teeter.
MENTIONED IN THIS ARTICLE
Ottawa
Alberta
Peter Lougheed
Lougheed
Trudeau
Canada
Merv Leitch
Alberta Energy
Pierre Trudeau
Mexico Likely Cuts Oil Price Amid Global Tension
Paris AP reports Mexico plans to lower its oil price despite OPEC efforts to avert a price war. Gold prices tumbled as panic selling drove an ounce drop of 47 dollars in European trading while oil ministers of Venezuela Kuwait and Algeria met privately with a Mexican official at the Kuwaiti Embassy.
MENTIONED IN THIS ARTICLE
Paris
Mexico
OPEC
Venezuela
Kuwait
Algeria
Dome Petrorefinancing talks extend debt deadline
Dome Petro leum Ltd bankers grant an 11th hour extension for 1.1 billion in debt due Monday as talks continue with Canadian and American banks. A 24 member syndicate led by Citibank proposes an alternative refinancing while Ottawa has given in principle approval to a prior plan.
MENTIONED IN THIS ARTICLE
Toronto
Dome Petroleum Ltd
Dome
Doug Evans
Citibank of
New York
Last Fall
Ottawa
Hatters Face Possible Bus Service Cuts
Officials seek cost cuts as transit funding tightens, threatening reductions in local bus routes and schedules. The move follows budgeting pressures and demands to preserve essential service for riders while balancing city finances.
MENTIONED IN THIS ARTICLE
Hatters
Cruise tests in Canadian skies slated for next year
Major Don Brownlee of the U S Air Force says unarmed air-launched cruise missile tests in Canada are at least a year away with no 1983 tests anticipated. Officials note Stealth ALCM work will be sped and LANTIRN night bombing tech may be first Canadian test in the Canada U S framework.
MENTIONED IN THIS ARTICLE
Donsellar Southam News
Washington
U.S. Air Force
Don Brownlee
Maj. Brownlee
Lantirn
Canada
Seat sale talks stall as cross border air dispute continues
Washington reports ongoing transborder talks between the United States and Canada over seat sale flights amid federal threats and airline concerns. Canadian spokesman Patrick Gossage notes a Wednesday deadline with no clear outcome if talks fail. Air Canada reportedly sold 28,000 return seats, with six US carriers involved. Florida routes excluded.
MENTIONED IN THIS ARTICLE
Washington
U.S
Patrick Gossage
Florida
Air Canada
Clark vows to sack Ottawa officials if he becomes PM again
Tory leadership contender Joe Clark told 500 plus seniors in Victoria that top public servants are zealots who abuse power and will lose their jobs under a future government. He blasted the MacEachen tax reform and National Energy Program as unwelcome, unsupported by Parliament, and imposed without warning.
MENTIONED IN THIS ARTICLE
Ben Tierney
Southam News
Victoria
Joe Clark
Ottawa
Clark
Cana
Victoria Chamber of Commerce
Trudeau
British Columbia
Canada
City Woman Killed In Rolling Vehicle Crash
A 49 year old woman, Anna Hudec of 2317 Gardner Place S E, was killed when her car rolled after leaving the road on Long Valley Road about 45 kilometres northeast of Medicine Hat. RCMP said she was alone and the crash was discovered by a passing motorist. Police believe the vehicle slid on gravel and went out of control.
MENTIONED IN THIS ARTICLE
Medicine Hat Rcmp
Anna Hudec
Gardner Place
S.E
Long Valley Road
Hadec
Also Mentioned on This Page
Evanted
San
Allan Regatta
Charles Lynch City News Oes
Don McGillivray
International
John Ferguson
the News
U.S State Department
Winnipeg
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