Twenty Firms Control 95 Percent Of Oil Reserves
Washington AP report shows the 20 largest U.S. oil companies hold about 95 percent of known oil reserves and major shares of alternative fuels. The study notes they own over 70 percent of natural gas, 30–60 percent of coal, more than half of uranium, and most private oil shale lands, with a Senate probe examining possible monopolistic consolidation.
MENTIONED IN THIS ARTICLE
Washington
Associated Press
Senate
U.S
California
Standard Oil of
Exxon
Union
Mobil
Texaco
Arnold Miller
United Mine Workers
Miller
Gulf
Shell
Continental
Atlantic Richfield
Sun
Ohio
Marathon
1974 Farm Year Forecast Sees Slower Rise
Agriculture Department predicts 1974 will be the second best farm year on record with net income around 20 to 23 billion dollars after 26 billion this year. Higher production costs and lower prices may temper gains, while total farm assets could reach about 498 billion by Jan 1, 1975 if rates stay steady.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Outlook and Situation Board
USDA
Food Pinch Feared From Monopolists
Washington activists warn a growing monopolistic trend in the food industry may trigger a national food shortage rivaling the oil crisis. Jim Hightower of the Food Action Campaign testifies that large corporations moving into production threaten small farmers, with a report from the Agribusiness Accountability Project supporting fears of higher costs and lower quality.
MENTIONED IN THIS ARTICLE
Washington
United States
Jim Hightower
Food Action Campaign
Senate
Hightower
Agribusiness Accountability Project
Memphis Plans To Turn City's Trash Into Fuel
Memphis researchers led by Dr. John Smith estimate 82 percent of city garbage is organic and convertible to fuel with 7 percent metal and 6.8 percent glass recyclable. An $8 million plant is planned with TVA support. Memphis would gain fuel savings and metal and glass revenue within three years.
MENTIONED IN THIS ARTICLE
Memphis
Memphis, Tenn
John Smith
Memphis State University
Smith
St. Louis
Chicago
Nashville
Tennessee Valley Authority
TVA
City teens in Madera face rising personal crisis reports
Madera California reports a surge in personal crisis cases with teenagers comprising about half of ten county cases this year. Dr Fred Cutter of the Los Angeles death by own action Prevention Clinic cites youths expressing a belief in the right to kill themselves when overwhelmed. The county rate nears 46 per 100000 compared with a 1970 statewide rate of 18.8.
MENTIONED IN THIS ARTICLE
Madera
Calif
San Joaquin Valley
Fred Cutter
Los Angeles
Madera County
Mexico FFA Tours MFA Research Farm
The Mexico FFA chapter visited the MFA Research Farm in Marshall on Friday. They learned about the farm’s work, crops, livestock, and how various chemicals impact crops, and joined a noon luncheon hosted by MFA.
MENTIONED IN THIS ARTICLE
Mexico
FFA
Engineers Fear Floods Next Spring
The U S Army Corps of Engineers in St. Louis warns of possible renewed Missouri and Mississippi river floods next spring like last year. Conditions this winter mirror previous flooding, with river stages up to 12 feet above normal and limited storage for spring rain and melt. Levee repairs from last spring are nearly complete but not finished. 330 levee breaks and many collapsed sewers were noted.
MENTIONED IN THIS ARTICLE
ST. Louis
U.S. Army Corps of Engineers
Missouri
Mississippi
Midwest
NFO Sessions Tackle Fuel Shortage Impact on Farmers
National Farmers Organization leaders meet in Louisville to assess fuel pinch effects on farmers, transporters, and processors. President Oren Lee Staley urges fuel priority to prevent food shortages and high prices. 12,000 to 14,000 expected, with preliminary meetings Monday and Tuesday ahead of the Wednesday start.
MENTIONED IN THIS ARTICLE
Louisville
National Farmers Organization
NFO
Oren Lee Staley
Corning
Iowa
Staley
Secret Servicemen Stay With Agnew
President Nixon orders Secret Service protection for former Vice President Spiro T. Agnew for an indefinite period. Deputy press secretary says service will decide when it ends and it will not be kept secret. Speakers for opening and sessions include Sen. Marlow and Sen. Eagleton.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Secret Service
Spira T. Agnew
Gerald L. Warren
Also Mentioned on This Page
Wetterall Inc
Wetteraul
Sanitone
Cee Nasr Yee
Texas Fruit
Nabisco
Chaun Center
Chaum Shop
Pangburn
Ledger
Vention
Marlow. Cook
R-Ky
Thomas Eagleton
D-Mo
Agnew
Hardee
Ardee
East Liberty
Eart & Home Savings
Honda
Farm & Home
Jefferson
FSLIC
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