OPEC Talks Falter as Oil Price Decline Deepens
Oil prices slide as OPEC negotiators near collapse on a plan to cut production about 7 percent to 15.8 million barrels per day. Iraq holds out demanding Iran-like quotas, delaying a formal meeting and tempering hopes of an oil glut cleanup this winter.
MENTIONED IN THIS ARTICLE
OPEC
Geneva
Organization of Petroleum Exporting Countries
New York Mercantile Exchange
U.S
Iraq
Iran
Qassim Taki al- Oraibi
Couple's Slayings Shake Ranch Community Near Marfa
In Presidio County Texas the shooting deaths of ranch foreman Billy Dale Stone and his wife Juanita have residents on edge. A friend said they were respected with no known enemies. Autopsies in Dallas confirmed gunshot homicides. Sheriff officials withheld details as investigations continue.
MENTIONED IN THIS ARTICLE
Marfa
Chilicote
Billy Dale Stone
Juanita
Jack Wood
Dipper Ranch
Valentine
Presidio County
Odessa
Wood
Bright Ranch
Stones
White
Gary Brown
Rich Thompson
Freed mercenary Hasenfus rejoices upon release from Nicaragua
In Marinette Wisconsin AP reports ex Marine Eugene Hasenfus, freed after 30 years for shipping weapons to Nicaraguan rebels, cried with joy during calls to his children and family. He hopes to return home by Friday for his son Adam’s seventh birthday, though timing remains uncertain.
MENTIONED IN THIS ARTICLE
United States
Wisconsin
Eileen Weber
Hasenfus
Sarah
Rainfall Breaks 45 Year Record at Midland Airport
Rainfall surpassed a 1941 high of 30.33 inches after reaching 30.39 inches by 6 am at Midland Regional Airport. NWS technician Jack Nunan notes May, September, and October contributed major totals, with early 1986 far below average and little flooding reported in Odessa.
MENTIONED IN THIS ARTICLE
National Weather Service
Midland
NWS
Jack Nunan
Nunan
Permian
Meese Details on Iran Arms Profits Diversion
Attorney General Edwin Meese III says he has more details on profits diverted from Iran arms sales to Nicaraguan rebels but cannot trace the money trail or confirm that the Contras received funds. Senate panel debates whether Lt. Col. Oliver North acted alone or under higher direction.
MENTIONED IN THIS ARTICLE
Washington
Edwin Meese III
Iran
Oliver North
Meese
Also Mentioned on This Page
Bren
13-Nation
Dallas
Susan Hammons
Daniel Holbrook
Clay Holbrook
North Odessa
Daniel
North Andrews
Ortega
Senate Intelligence Committee
North
Reagan
National Security Council
Abby Ee
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