Pipeline security fears erupt in Fairbanks area
Alaska residents near Fairbanks fear the 800 mile trans Alaskan oil line is vulnerable to sabotage. Police report a hole drilled north of Fox last month released 750,000 gallons, with fears the line could burn or explode. Experts say full security would require 42,000 guards costing 3.3 billion yearly, while Alyeska employs 100 to 300 sentries. Local youths play with the pipe, and a Yukon River bridge blast is seen as a greater threat to the pipeline system and the state economy.
MENTIONED IN THIS ARTICLE
Fox, Alaska
NEA
Fairbanks
Fox
Sue Fison
Ms. Fison
Alaska
Alyeska Pipeline Service Co
Alyeska
Tom Snapp
Snapp
Yukon River
Arctic
John Ratterman
Yukon
Larry Wertz
ALSN
Coal miner's bills mount despite strike and debt
Doug Sharp, a 44 year old AMAX Coal mine worker, has been out on strike since December 6. With seven children, a weekly income of about 1400 dollars has vanished, leaving $60 in the bank and bills piling up including a $307 house payment and a $400 monthly food cost. The family borrowed 1200 dollars, sold assets, and relied on tax refunds while hoping for a mine check. Sharp expects miners to approve the new contract by a slim margin and plans a steak dinner after paying the house payment.
MENTIONED IN THIS ARTICLE
Jim Szymanski
Evansville
UPI
Chandler, Ind
Doug Sharp
Carilou
Sharp
Amax Coal Co
Ayrshire
United Mine Workers
Sharps
Stevenson Station
Chandler
a _ bank and
Pinkerton
Justices to rule on Iowa corporate tax method
The Supreme Court was asked to strike down Iowa's sales based corporate income tax, arguing it imposes a tariff on imports and subsidizes exports. Moorman Manufacturing contends the plan burdens out of state firms and gives Iowa firms an edge, while Iowa argues broad state leeway in tax formula.
MENTIONED IN THIS ARTICLE
Washington
UPI
Supreme Court
Iowa
Donald Barnes
Moorman Manufacturing Co
High Court
Harry Ginger
Moorman
Illinois
Barnes
State Supreme Court
John Paul Stevens
Giiger
Amoco Cadiz oil spill worsens as sails break open
Thirty foot waves batter the Amoco Cadiz wreck off Brest France as two more holds rupture pouring oil into the worst spill on record. The slick stretches 1,700 square miles threatening Normandy coastlines and wildlife reserves while salvage teams struggle amid gales and high seas.
MENTIONED IN THIS ARTICLE
Brest
France
UPI
Amoco
Cadiz
Normandy
Channel
Brittany
Torrey Canyon
Portsall
Amoco International
Shell International
Persian Gulf
Netherlands
Dollar weakness blamed on deficit
CHICAGO United States dollar weakness is linked to government deficits and rising inflation, says A Robert Abboud chair of First National Bank of Chicago. He cites a $1.2 trillion negative net worth as of September end with assets of $339 billion offset by $1.6 trillion in liabilities, urging clear remedial policies to reverse the trend.
MENTIONED IN THIS ARTICLE
Chicago
UPI
First National Bank of Chicago
Robert Abboud
American Iron and Steel Institute
U.S
IOU
Abboud
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