Iran hostage crisis escalates as students denounce minister
Militants holding 50 Americans in the U S Embassy condemn Foreign Minister Sadegh Ghotbzadeh for talking too much and say they will try the captives for spying unless the shah is returned. Ayatollah Khomeini endorses actions as the crisis deepens after the assassination of an ally and CIA tied blame by Iran's Revolutionary Council.
MENTIONED IN THIS ARTICLE
Tehran
Iran
U.S
Sadegh Ghotbzadeh
Carter
Ayatollah
Ruhollah Khomeini
Khomeini
Revolutionary Council
Hojatoleslam Mohammad Mofateh
CIA
SAVAK
Shah
Ghotbzadeh
United States
Panama
Shah Mohammad Reza Pahlavi
Oil ministers clash as OPEC economies push for higher prices
Oil ministers from Saudi Arabia Libya Algeria Iran and Nigeria remained at odds over base prices at the OPEC meeting in Caracas with Saudi aiming to hold line at 24 dollars a barrel while Libya and Algeria urge higher rates. Moderates led by Yamani urged no increase in the first quarter and possibly beyond as Iran and Nigeria signaled readiness to raise their bases. The clash comes amid already steep price gains since January and impact on U.S. fuel costs.
MENTIONED IN THIS ARTICLE
Caracas
Venezuela
Organization of Petroleum Exporting Countries
Saudi Arabia
Libya
Algeria
OPEC
U.S
Belkacem Nabi
Iran
A.K. Hart
Nigeria
Humberto Calderon Berti
Sheik Ahmed Zaki Yamani
Yamani
Mana Saeed Otaiba
United Arab Emirates
Uae
Otaiba
Oil tax talks head to conference with little chance of quick deal
Congress moves into a Senate House conference to shape a windfall profits levy on oil that could cost the industry between 178 and 277 billion over 11 years. The Senate bill taxes 38 percent of windfall profits while the House bill seeks 61 percent. The White House says the Senate measure falls short of the House.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Congressional
House Conference Committee
Carter
U.S
White House
The
American Petroleum Institute
Charles J. DiBona
API
Russell B. Long
D-La
Congress
Windfall tax aims to skim oil windfall profits
Senate passage outlines levy on oil price gains to recover an estimated 38 percent of future windfall profits, with prices rising above defined base levels. Revenue funds energy development, conservation, transit, and aid to the poor, plus credits for middle income groups and extensive business credits for non oil fuels and shale and gasohol efforts.
MENTIONED IN THIS ARTICLE
Washington
Senate
Organization of Petroleum Exporting Countries
Carter poll signals Carter bid to seek reelection
More than half of the public now supports Jimmy Carter running again, a sharp turn from six months of negative sentiment. The Associated Press NBC News poll highlights growing backing for a second term.
MENTIONED IN THIS ARTICLE
Carter
Jimmy Carter
Associated Press
NBC News
U.S
Mexico
Lloyd Bentsen
United States
America
Gasoline prices to rise up to ten percent in coming weeks
Analysts warn retail gas costs could jump up to 10 percent over the next two months as wholesale prices climb, Saudi crude hikes and OPEC moves push up fuel costs. Iran embargo effects and tighter government rules also pressure prices.
MENTIONED IN THIS ARTICLE
New York
Iran
United States
Organization of Petroleum Exporting
OPEC
Caracas
Venezuela
Lundberg
Mark Emond
Standard Oil Co
California
Chevron
Exxon Corp
Saudi Arabia
Exxon
Also Mentioned on This Page
Qatar
Foreign Ministry
Islamic Republic of Iran
Capitol
Washington Monument
Quipster
Film Board
Dallas
Citizens Board
Tinsel Town
Story
Abby
Mobil Corp
Texaco Inc
Indiana
CITGO
Sun Co
Mobil
Texaco
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