OPEC keeps price and output targets after meeting
In Geneva OPEC ministers left the benchmark price at 29 dollars per barrel and the production ceiling at 17.5 million barrels a day unchanged after their semiannual strategy talks. Iran said it dropped efforts to push prices back to pre March levels as the cartel reinforced its policy amid a global oil glut.
MENTIONED IN THIS ARTICLE
Geneva
Switzerland
OPEC
Iran
Pact bodes well for oil men
An international agreement to hold crude oil prices and production aims to stabilize the Permian Basin and may boost drilling. OPEC intends to keep prices at 29 dollars a barrel and cap production at 17.5 million barrels daily, signaling unity that could settle market tensions and encourage activity. Ed Thompson of the Permian Basin Petroleum Association comments on potential impact.
MENTIONED IN THIS ARTICLE
Permian
Organization of Petroleum Exporting Countries
Ahmed Zaki Yamani
Ed Thompson
Permian Basin Petroleum Association
Teenager Benavidez Sentenced to 25 Years in May Odessa Killing
Amber Ann Benavidez, 17, was sentenced by Judge Joe Connally to 25 years for the May murder of 69 year old Alice Odessa Blackwell in Odessa. The teen confessed she “just snapped” and shot Blackwell with her pistol, then stole two TVs before fleeing.
MENTIONED IN THIS ARTICLE
Tim Madigan
Amber Ann Benavidez
Odessa
Benavidez
Alice Odessa Blackwell
244Th Judicial District
Joe Connally
Connally
Bill Bowden
Blackwell
Ector County
Anthony Foster
Fire damages mobile home. blaze blamed on five-year-old
Patricia Traver and her mother Ruth Flanigan hug after a fire heavily damaged the 6301 Kassner Drive mobile home around 11:15 p.m. Thursday. Fire reports say the blaze was started by Patricia and Percy Traver's son Jimmy, who was playing with matches in a bedroom. Fire Marshal Wayne Coggins notes Patricia burned his right hand while Mrs. Traver had minor burns to her feet. The boy was not injured. Firefighters spent about 1 1/2 hours battling the flames.
MENTIONED IN THIS ARTICLE
Patricia Traver
Ruth Flanigan
Kassner Drive
Traver
Patricia
Percy Traver
Jimmy
Wayne Coggins
Lack of funds may cancel murder case in Edinburg
AP Edinburg Texas prosecutors warn that a capital murder case against 33 year old Eroy Edward Brown could be dismissed if the state cannot provide funds to pay his court appointed attorney Craig Washington. A hearing was set to see if indigent defense funds are available after lawmakers failed to appropriate money.
MENTIONED IN THIS ARTICLE
Edinburg
Eroy Edward Brown
Brown
Craig Washington
Texas
Walker County
Frank Blazek
Darrell Hester
Brownsville
Washington
Blazek
Texas Department of Corrections
Ellis Unit
Wallace Pack
Billy Max Moore
Pack
Moore
Galveston
In Orbit Repair Test Aims For Shuttle Mission
NASA plans a Buck Rogers style in orbit repair drill on shuttle Flight 10 set to start January 30. Bruce McCandless will free float up to 300 feet from Challenger in a rocket pack during this rehearsal. Flight 11, scheduled for April 4, targets a Solar Max rendezvous with the satellite for on orbit repair or return to Earth for overhaul.
MENTIONED IN THIS ARTICLE
Challenger
George Nelson
Earth
Airport blasts hit two servicemen
Two American servicemen were wounded at the Beirut airport base near the northeastern perimeter when rocket propelled grenades and small arms fire struck. A Marine and a Navy Seabee suffered minor injuries. one had a broken eardrum and the other was evacuated to USS Guam offshore.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
U.S
Dennis Brooks
Brooks
Hay el-Sellum
Guam
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Robert Halpern
West Texas
Plo