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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jan 23, 1974
Page
2
Washington analysts warn that even if the Arab oil embargo ends soon the United States will continue to face energy challenges. Officials say rapid recovery is unlikely and Persian Gulf production must rebound from recent declines, with imports remaining under pressure as demand shifts.
Washington AP reports a surge of energy bills aside from the emergency measure. Senate and House actions seek to empower rationing and conservation, spur new fuel supplies, and create a Federal Energy Administration. Committees plan hearings on price regulation, excess profits rules, and power plant fuel switches as 13 related bills were filed in the first day of 1974.
Rear Adm James B Stockdale a former POW in North Vietnam assumes command of the Pacific Fleet anti submarine warfare wing at North Island Naval Air Station. Capt Goochdale promoted from captain after his return from Vietnam last February to succeed Capt Jack R Evans in a ceremony.
Secretary Henry Kissinger told reporters in Washington that there is every reason to believe success in disengagement steps would move toward ending the Arab oil embargo. He said lifting the embargo could come soon, depending on progress and acceptance by both sides, though he cautioned it would not guarantee U.S. security.
In Saigon South Vietnam a Date tanker rescued 23 South Vietnamese after a ship went down. Saigon’s chief military official and crew aboard reported the survivors stayed afloat for seven hours in life preservers before rescue.
An experimental mission dispatches a Skylab recovery ship amid uncertain weather and hopeful astronauts. The crew and scientists await favorable conditions to begin recovery as plans advance despite unclear signals.
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