Congress heads for summer recess amid budget clashes
Congress breaks for the summer after a hectic session in which the Senate backed a Pentagon spending blueprint and the House pursued a campaign finance overhaul and emergency AIDS city relief. Key fights loom on deficit cuts, S&L reform, defense budget, Star Wars funding, and major spending bills ahead of October campaigning.
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Saudi force buildup near Kuwaiti border reported
AP reports Saudi Arabia reinforcing troops near the Kuwaiti border while witnesses cite intense air activity around Riyadh airport. Cheney and Schwarzkopf arrived in Jeddah for talks as oil officials note cautious troop increases to defend oil fields. Khafji and border areas see detours and brief incursions amid the Iraq invasion.
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Manama
Bahrain
Qil
Saudi Arabia
Richard Cheney
Jiddah
Cheney
H. Norman Schwarzkopf
U.S. Middle East
Central Command
Richard Gates
Paul Wolfowitz
Defense
Khafji
Persian Gulf
Kuwaiti
Saddam Hussein
Kuwait
Oil firms raise gas prices as gulf conflict looms
Los Angeles AP reports oil companies quickly passed higher crude costs to gasoline dealers due to summer shortages and the Persian Gulf crisis. The Lundberg Survey notes dealers pay 8.5 cents more per gallon, with nationwide average wholesale prices rising to 76.5 cents. Spot-market dynamics suggest faster pump-price effects this summer.
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Los Angeles
Persian Gulf
Iraq
Kuwait
U.S
Lundberg
Trilby Lundberg
Oil Company
John Lord
Mobil Oil Co
New York
Area gasoline prices jump as drivers rush to beat hikes
In Baltimore area stations prices climb amid fears of Kuwaiti invasion driven oil costs. Amoco outlets raise 2 cents per gallon, pushing regular to 1.089 and mid/high octane to 1.209 and 1.289. Independent operators report 8 cent increases as market swings ripple through pricing.
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Baltimore
Kuwait
Amoco
Jal Nickels
Kurland
New York
Iraq to shut one pipeline and limit second to 70 percent
Iraq notified Turkey via Anatolia that it would shut one of two oil pipelines and operate the second at 70 percent capacity. The move follows embargoes by the United States, EC, Japan, and others after Iraq’s invasion of Kuwait, affecting Turkey’s oil supply and markets.
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Ankara
Turkey
Iraq Today
Anatolia News Agency
Anatolia
Iraq
United States
Japan
Purguean
Kuwait
State Organization of
Botac Company
Kirkuk
Mediterranean
Taha Yassin Ramadan
Bush
Ozai
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Khafiji
Kingdom
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Jonathan Helfensteim
Jonathan Helfenstein
R. Michael
Menzies
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Richard R. Kline
EYE Appeal
Poe
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Ockledge Plaza
West South St. Frederick, MD
Ros