Oil industry profits questioned by conservative study
A study funded by the American Enterprise Institute contends oil company profits over 1961 to 1975 lagged behind U S industry on standard measures but some of that was due to risk. The analysis suggests profits may have been adequate to attract investment and challenges messages for price controls and deregulation.
MENTIONED IN THIS ARTICLE
Washington
American Enterprise Institute
We Joe Sunder
Graduate School of Business
University of Chicago
American Petroleum Institute
Sunder
U.S
Weather and Market Briefs From Tuesday Digest
Tuesday's Digest reports showers and thunderstorms likely through tonight, then partly cloudy and cooler. Highs in the upper 70s and lows near 58. Also notes a wrangling federal funding for abortions, Ethiopian troops in Cuba, and Soviet counterattacks against Somali insurgents. Yankees' Dave Kingman expects a 1.5 million price in the free agent draft Friday.
MENTIONED IN THIS ARTICLE
Cuba
Harar
New York Yankees
Dave Kingman
Congress opens gold buying to Americans prompts grocery plea
A light humorous note urges Congress to extend new gold buying access to groceries, suggesting a parallel consumer option. The joke highlights policy changes and everyday needs in a playful tone.
MENTIONED IN THIS ARTICLE
Congress
Prices Dip Slightly in Grocery Market Basket Survey
Associated Press report details October to November shifts in a market basket of 15 items across 13 cities. Coffee prices averaged 3.50 per pound or less, while overall bills rose in some cities and fell in others, with an 8 tenths of a percent decline for September and an 8 percent year rise excluding coffee.
MENTIONED IN THIS ARTICLE
Associated Press
Helms Pleads No Contest To Testimony Charges
Former CIA director Richard Helms pleads no contest to failing to fully answer Senate questions on Chile operations. Justice Department seeks minimal $200 fine and no jail, with White House and Carter administration backing risk to national security and honor of public service. Church criticizes double standard as case proceeds toward sentencing.
MENTIONED IN THIS ARTICLE
Bryan E. Brumley
Associated Press
Washington
CIA
Richard M. Helms
Chile
Justice Department
Carter
Helms
Senate Foreign Relations Committee
U.S
Iran
Richard M. Nixon
Senate
Benjamin R. Civiletti
Frank Church
D-Idaho
Church
United States
Griffin Bell
White House
Congress
Salvador Allende
Allende
U.S. District Court
Twin Cities Chit Chat takes note of thanks and setbacks
Finance Commissioner Harlan Prestridge learned gratitude can follow unsolved work after a woman thanked him for a drainage problem effort that remained unsuccessful. He returns to the task to gain true appreciation. W. E. Ed Whetstone, retiring from city service, shifts focus to pecan crop prospects, still active in the community.
MENTIONED IN THIS ARTICLE
Harlan Prestridge
Prestridge
W. E
Whetstone
Monroe Utilities Commission
Compromise Energy Tax Bill Heads to Conference
Conferees seek a middle path on a multibillion dollar Senate energy tax package likely to merge with House taxes. The Senate bill favors incentives to conserve and boost production, costing about 42 billion over eight years, while the House pushes higher energy taxes with rebates to soften impacts. The conference must decide which provisions to keep, with business incentives and home energy credits among key debated items.
MENTIONED IN THIS ARTICLE
Washington
Senate
Congressional Conference
House
United States
Federal Treasury
Carter
Conference Committee
Russell B. Long
D-La
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Abby A
Enee
Lowman
Radio-Tv
Solomon
Edgar Allen Poe
Peter Bregg
Washington Monument
By Louise Cook
Atlanta
Boston
Chicago
Dallas
Detroit
Albuquerque
Los Angeles
Miami
NEW YORK _ PHILADELPHIA
Providence
Salt Lake
Seattle
Flack
Sen
Twin Cities
Star--World
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