Oil tops $30 a barrel as supply fears grow
Oil prices rise above 30 dollars per barrel for the first time in 15 months amid tight U.S. inventories and strong market tension over Iraq. Front-month September crude closes at 30.11, October slips to 28.77 as OPEC production policy looms. Analysts warn prices may climb unless tensions ease and OPEC acts.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
New York Mercantile
U.S
Iraq
Organization of Petroleum Exporting Countries
Fadel Gheit
Fahenstock & Co
OPEC
Middle East
Persian Gulf
United States
Europe
Gheit
American Petroleum
Kuwait
Ahmad Fahd al-Ahmad al Sabah
Interfax
Big Lake plans big party to mark historic events
Julie Breaux reports in Big Lake as the town hosts its annual 79th birthday and anniversary celebration for the Santa Rita No. 1 site. The event honors the 1923 discovery and the town’s growth, marking labor day weekend with the historic well and the once underground supplied Big Lake area.
MENTIONED IN THIS ARTICLE
Big Lake
Texan
Blakely
Santa Rita
West Texas
Odessan hero saves teen from apartment blaze
David Veloz, 30, an Odessa resident, pulled 18-year-old David Winslett from a burning apartment Tuesday after seeing smoke. Veloz broke down the front door and carried the man to safety as he coughing inside and likely caused by smoke inhalation.
MENTIONED IN THIS ARTICLE
Odessa
West Texas
Kermit Highway
David Winslett
David Veloz
Veloz
Odessan
Winslett
Lane
ECISD trustees approve balanced 176 million budget
ECISD trustees unanimously approved a 176 million dollar budget at the regular meeting. Executive Director Bruce Revell warned that if revenues don t rise next year may require cuts by raising average daily attendance or increasing teacher load. The district balanced this year by cutting school costs and approved a sound budget with minimal nutritional sale prohibitions.
MENTIONED IN THIS ARTICLE
Ector County Independent School District
ECISD
Bruce Revell
Revell
Bloodless siege ends at Iraqi Embassy in Berlin
German police freed two senior Iraqi diplomats from armed men after a five hour siege at the Iraqi embassy in Berlin. Five suspects detained. Hostages included the charge d affaires and another envoy. Two shots fired inside during the stand off. Group described itself as Democratic Iraqi Opposition of Germany.
MENTIONED IN THIS ARTICLE
Berlin
Saddam Hussein
Martin Textor
Ple
Textor
Charge D'Affaires
Manfred Charnow
Ehrhart Koerting
Democratic Iraqi Opposition of
Germany
Also Mentioned on This Page
Julie Breaux
Gary Payne
Man
Perayan
Jeff Burton
Ras Prics
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