Alaskan Tankers and Oil Policy in a Changing World
The piece weighs U.S. energy dependence on Arab oil, critiques the Jones Act and subsidies, and notes Bethlehem Steel’s new tankers and Singapore oil rigs. It highlights rising offshore drilling in Indonesia, North Sea output, and shifting global oil supplies that could ease West Coast needs before 1975.
MENTIONED IN THIS ARTICLE
Washington
Saudi Arabia
Valdez
Alaska
Smithsonian Institution
Bethlehem Steel Co
Arco
Atlantic Ridgefield
Newport News
Middle East
Kissinger
North Sea
Atlantic
Nigeria
Far East
Indonesia
Gulf of Mexico
Occidental
Bethlehem Steel
Singapore
U.S
Filthy rich and the oil price squeeze
Jim Fiebig recalls seeing a tipsy attorney burn a $20 bill for show and contrasts it with oil rich Saudi princes who spend freely in Las Vegas. He notes Henry Kissinger warning that inflated Arab oil prices could threaten Western defense, urging Arabs to buy rounds for the house while the West may respond.
MENTIONED IN THIS ARTICLE
Jim Fiebig
Las Vegas
Henry Kissinger
Arab investments in U S firms prompt call for policy limits
The piece argues that Arab funds seeking stakes in Lockheed and other U S companies reflect a broader push for real partnership rather than domination. It cites Fed Chair Burns and Treasury views favoring free movement of investment capital to productive uses, warning against protectionist backlash.
MENTIONED IN THIS ARTICLE
Arthur F. Burns
Federal Reserve Board
U.S
Organization of Petroelum
Burns
United States
OPEC
Lockheed, Grumman
United
States
Congress
Treasury
William Simon
Feud over Senate leadership shows writers inflate stakes
The piece analyzes a New York Senate leadership contest between Javits and Buckley amid Curtis in Nebraska, noting writers sensationalize a limited feud. Buckley promptly backs Curtis, Javits accepts the stance, and the column mocks melodramatic coverage while clarifying the political context.
MENTIONED IN THIS ARTICLE
New York State
Republican Conference
U.S. Senate
Sen
Norris Cotton
New Hampshire
New York
James Buckley
Javits
Buckley
Rosenbaum
Washington
Sen. Javits
New Yorker
Carl Curtis
Nebraska
Indexing quirk highlights limits of economic statistics
Economists warn that automatic wage and benefit indexing tied to the Consumer Price Index can misstate reality when price data are flawed. A seven month error in the Labor Department's figures undermines confidence in both inflation measures and unemployment stats used to trigger programs. Congress should consider non statistical checks for policy. Rough Notes commentary invokes Luke 2 12 about humility.
MENTIONED IN THIS ARTICLE
Department of Labor
Congress
Middletown News Journal Subscription Rates and Details
The Journal published daily in Middletown Ohio lists home delivery and motor route prices for weekdays and Sundays, rates for mail subscriptions, and advance payment requirements. It notes the newspaper’s founding year 1857 and distribution via mail and carriers.
MENTIONED IN THIS ARTICLE
The
News Journal, Inc
S. Broad
First Ave
Middletown
Ohio
U.S.A
Las Vegas mobility debated as monorail plan faces high costs
A Las Vegas transportation proposal for an 11 mile monorail from McCarran Airport to the Golden Nugget faces possible abandonment amid a projected 150 million price tag. Critics note traffic congestion makes players stick to casinos, limiting movement between venues as tourism booms. Separately ARISTOTLE Onassis is accused of manipulating Greece’s national airline policy, affecting tourism and industry.
MENTIONED IN THIS ARTICLE
L.V
McCarren Internatuonal Airport
WCTU
Also Mentioned on This Page
Persian Gulf
Lockheed Aircraft Corp
Lockheed
Buy
America
William F. Buckley JR
Republican Party
Richard Rosenbaum
Curtis
Mother Bloor
Len Buckley
Sen Curtis
Sen. Buckley
Sen. Curtis
Sen Buckley
Sen Javits
York Daily News
Dennis the Menace
the Journal
Bob Considine
Desert Inn
Sands
Flamingo
Beldon’s
Joel
Waikiki
Bugsy Siegel
Wilbur Clarke
Diamondhead
Royal Hawaiian
Aristotle Onassis
Greece
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