Crude Oil Rulings Spark New Industry Controversy
New York AP report notes the Federal Energy Office seeks major revisions to the crude oil allocation plan to drop the 76 percent production rule. Major refiners like Gulf, Mobil, and Exxon oppose the plan's effects on gasoline supply and imports. The plan requires large reserves to share with smaller firms, aiming to equalize refinery output after the Arab oil embargo. Gulf filed for a court order to halt enforcement as Saturday deadline approaches.
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Federal Energy Office
Congress
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FEC
Gulf Oil
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Mobil
Exxon
Texaco
Standard of Ohio
Atlantic Richfield
John C. Sawhill
Sawhill
Associated Press
United States
Europe
U.S. District Court
Washington
Wholesale Prices Jump Sharply In January Across Economy
The Bureau of Labor Statistics reports January wholesale prices rising 3.1 percent, the second highest monthly gain on record, with farm products and processed foods up 5.1 percent, industrial commodities 2.3 percent, and consumer finished goods 2.8 percent. Oil, fuels, and transportation costs drive the surge, while lumber falls. The annualized rate suggests 37.2 percent inflation if kept, and overall a 20.8 percent rise over the past year.
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Washington
Bureau of Labor Statistics
Bureau
Missouri and Tennessee Senators to Speak at Jackson Day
Sens. Thomas F. Eagleton of Missouri and Herman Talmadge of Tennessee will headline the Jackson Day events in Springfield March 22 and 23. Eagleton will speak at a Sunday rally in Park Central Square. Talmadge will address the Saturday night banquet at the Shrine Mosque. Tickets include a sponsored luncheon and VIP options. prices are 15 per person for the banquet and 20 for couples. Chairman Sen. Stuart Symington leads the event.
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Springfield
Thomas F. Eagleton
Missouri
Herman Talmadge
Tennessee
Eagleton
Park Central Square
Talmadge
Shrine Mosque
Stuart Syraington
Dylan Ends Tour With Record Gross For Eight Year Run
Bob Dylan ends his first concert tour in eight years in Los Angeles amid cryptic lyrics. Between January and Thursday night he performed 40 shows in 21 cities to 658,000 attendees, garnering $5.4 million in gross receipts.
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Los Angeles
Bob Dylan
Hibbing
Minn
Dylan
GM Layoffs To Idle 75,000 As Planned Production Cuts
Detroit AP reports General Motors will furlough 75,000 hourly workers through March 31 as part of first quarter cutbacks. In Michigan, over 40,000 hourly workers at Buick Oldsmobile and Pontiac plants face one or two weeks idle. Additional 12,100 nationwide will be idled, with specific timing and plants listed in Flint Lan sing Pontiac Linden St Louis Wilmington Farmingham Fairfax South Gate and Kansas City plants among those affected.
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Kan
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Calif
Linda Lovelace Faces Cocaine and Amphetamine Charges
LAS VEGAS AP Actress Linda Lovelace faces arraignment on illegal possession charges for cocaine and amphetamine after a January 31 arrest at the Dunes Hotel. She is 25 and star of Deep Throat. A producer arrested with her had charges dropped for insufficient evidence. Lovelace remains free on 7000 dollars bail.
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Las Vegas
Nev
Linda Lovelace
the Dunes
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Judge Asks End To Dean Discussion
Washington AP A federal judge urged President Nixon and special prosecutor Leon Jaworski to halt pretrial commentary on John W Dean II s truthfulness. Judge Gerhard Gesell warned against further lapses and denied Chapin s bid to dismiss charges or obtain the Dean Nixon tape transcript. Chapin faces four counts of lying to a grand jury over Segretti s political sabotage activities.
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Ash and Simon claim unity on energy policy
St Louis AP The Nixon administration budget director Roy L Ash and energy czar William E Simon said they are on the same page about an energy shortage program. Ash dismissed Simon’s joking remark and affirmed optimism that the energy crisis would ease this year, with the economy improving in the second half.
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Roy L. Ash
William E. Simon
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Laird
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TWA To Restore 36 More Flights
Trans World Airlines plans to resume 36 or 37 of 186 flights halted during the energy crisis as government fuel assurances arrive. About 4,000 furloughed workers may be recalled, with spring and summer schedules on April 28. Kansas City, TWA’s operating HQ, may see job restorations and new flights to O'Hare while Midway service remains unlikely.
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Kansas City
Trans World Airlines
Jerry W. Cosley
TWA
Cosley
Midway Airport
Chicago
O'Hare
Midway
Solzhenitsyn Arrives in Basel as Swiss Exile Begins
Alexander Solzhenitsyn reached Basel by train with his Swiss lawyer and a interpreter en route to Zurich. The Nobel laureate, expelled from the Soviet Union after publishing a book on Stalinist labor camps, has significant Western earnings and extensive European publishing records. He may settle in Scandinavia, with ongoing discussions about his future. his wife remains in Moscow and their family includes three sons and his mother-in-law.
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Switzerland
Alexander Solzhenitsyn
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Fritz Heeb
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Moscow
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Heinrich Boll
Mishap Delays Russian Liquid Metal Fast Breeder Plant
U S intelligence says a blast at Shevchenko on the Caspian Sea forced a shutdown of a liquid metal fast breeder reactor intended for a sea water desalination plant. Another large plant in central Russia faces delays. overall civilian nuclear progress lags expectations despite heavy investment.
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Washington
Russia
U.S
Shevchenko
Caspian Sea
Doctors Jolly and Lankford Return From Seminar
Dr. Ben Jolly of 1421 S Jefferson and Dr. Harold Lankford of 9 Park Circle returned home after a two week medical seminar sponsored by the St. Louis County Medical Society in Quito Buenos Aires and Rio de Janeiro. They were joined by their wives. Dan Golenpaul dies at 73 creator of Information Please program aired 1938 to 1954 in New York.
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S. Jefferson Sr
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St. Louis County Medical Society
Quito
Ecuador
Buenos Aires
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Brazil
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New York
Kelley Says Men Not Yet Identified
FBI Director Clarence Kelley said the FBI had not identified the Symbionese Liberation Army kidnappers of Patricia Hearst. He spoke in Wichita at a National Association of Citizens Crime Commissions meeting, noting statements by William Saxbe had been retracted and warning of a new, political kidnapping pattern.
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Symbionese Liberation Army
Patricia Hearst
California
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Randolph A. Hearst
Hearst
Crime Commission
America
Revelations of 1973 Fuel Cynicism Over Government
Washington report from the Advisory Commission on Intergovernmental Relations describes 1973 as a year of shocking revelations and political bombshells that eroded public trust in government. The 26 member panel led by Robert E. Merrian notes energy and inflation as two latent national problems, with officials at local state and federal levels convicted or indicted. Members include Gov. Robert D. Ray and Lawrence K. Roos.
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Robert E. Merrian
Chicago
White House
Advisory Commission On Intergovernmental Relations
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Iowa
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Love Letters To Pat End In Wedding Plans
Pat Love of Veneta Oregon and Army Spec Steve Baldwin of Germany plan a wedding on March 1, two weeks after meeting through letters. Pat, 20, began writing three months ago after meeting Steve through friend Gary Snader. Steve proposed in a Christmas letter, and Pat accepted in a swift, handwritten note.
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Veneta
Ore
Pat Love
Bute
Pat
Army Spec
Steve Baldwin
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Gary Snader
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Finnish UN soldiers killed by mines in Suez Canal zone
Two Finnish UN soldiers died and seven were wounded in an unmarked minefield in the UN buffer zone west of the Suez Canal. A Finnish captain was lightly hurt when his mine detonated. another blast killed two rescuers. Unclear who laid the mines. Damascus Radio reports fighting on the Golan Heights with Israeli casualties and Assad returning from Algiers.
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Egypt
United Nations
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Liberal Arts and Careers College
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