Analysts push for price rise while OPEC faces split
Iran plans to urge higher OPEC prices at the Geneva meeting, seeking a $34 benchmark per barrel. Iraq favors a price freeze amid wartime tensions. Analysts predict prices could fall to around $20 as production remains high and demand slows, with Salomon Brothers warning of ongoing OPEC deficits.
MENTIONED IN THIS ARTICLE
Iran
OPEC
Geneva
Switzerland
Iraq
Organization of Petroleum Exporting Countries
U.S
Geopolitics of Energy
Salomon Brothers Inc
Tehran
Hashemi Rafsanjani
Saudi Arabia
Fewer jobless claims show Odessa trend downward
Odessa sees a continued drop in initial jobless claims with 388 in November from 453 in October, marking a sixth straight monthly decline. TEC official Frank Kasko notes improving labor conditions may bring November and December unemployment rates down, though January could rise with holiday layoffs. The Labor Force fell to 74,100 as workers exit or spouses join the job market.
MENTIONED IN THIS ARTICLE
Odessa
Texas Employment Commission
Frank Kasko
TEC
Kasko
Texas
Permian Basin
Fire damages home from faulty heater at 811 N Sam Houston Ave
Fire at 811 N Sam Houston Ave started by a faulty gas heater connection. Fire Chief Wayne Pierson placed a floor heater grate outside a charred house as a bird was saved by firefighter Harold Giesler. Resident C M Gregg was away, and light smoke damage covered the dwelling Friday around 11 a.m.
MENTIONED IN THIS ARTICLE
Wayne Pierson
Harold
Giesler
Sam Houston Ave
C.M. Gregg
Feldstein plans to stay at White House through fall
In an AP interview Feldstein said he will remain as chairman of the Council of Economic Advisers until his planned return to Harvard in the fall. He defended his deficit warnings and acknowledged serving at Reagan's pleasure amid internal White House rebukes over his urging tax increases to curb deficits. He noted the budget for 1985 is being prepared, limiting his ability to discuss remedies.
MENTIONED IN THIS ARTICLE
Washington
White House
Martin Feldstein
Associated Press
Feldstein
Council of Economic Advisers
Harvard University
Reagan
Congress
Drought hit Texas ranchers to get government feed corn
The Agriculture Department said drought stricken Texas ranchers could begin picking up subsidized feed corn as early as Tuesday under a program selling corn to livestock growers at reduced prices. The plan waives the prior Farmers Home Administration loan eligibility and streamlines signup through county ASCS offices with signup running to December 14.
MENTIONED IN THIS ARTICLE
Washington
Texas
Department of Agriculture
Agriculture
John R. Black
Mark White
USDA
Gene Hemphill
Farmers Home Administration
Hemphill
Agricultural Stabilization and Conservation Service
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Robert Burns
Qassem Ahmed Taki
Gulf News Agency
Manama
Bahrain
Robert Halpern
Yardbird
The
Max Faulkner
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