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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Aug 28, 1987
Page
3
Oil prices rose slightly as profit-taking paused on the New York Mercantile Exchange. West Texas Intermediate for October closed at 19.64 per barrel, up 18 cents, with near-month at 19.46 after Wednesday's jump. Gasoline and heating oil also gained on the wholesale market amid steady demand.
Pentagon sources say Poindexter told top officials Wednesday of his plan to retire Oct 1 after nearly three decades of service. Pension levels for senior officers are cited, with a two star retiring at about 52,764 annually and a three star at 53,016. Hill says Poindexter seeks to leave before Walsh indicts. Poindexter, 51, has no new job lined up and may wait a year before choosing work.
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