11 Feb 1989
Page 1
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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Feb 11, 1989
Page
1
Washington AP reports January wholesale prices rose 1 percent the fastest since October 1985 signaling possible inflationary spiral in 1989. Food energy costs surged while markets dropped on fears of higher Fed rates. Bush offered cautious remarks on one monthly release.
Washington AP report notes oil industry division over President Bush budget proposals. Tax incentives for energy producers are praised by some, while others doubt the measures will curb rising foreign oil dependence. Lease postponements for California and Florida coast drilling are linked to the plan.
Health officials report eight confirmed measles cases at Crockett Junior High in Odessa, with thousands calling for updates. Dr. Patterson says new shipments are expected within a week, while the county investigates three additional suspected cases and ramps up school immunizations Friday for about 850 Crockett students, staff, and faculty despite form-signing delays.
In Austin AP reports lawmakers blast the State Board of Insurance for concealing financial trouble. The 1987 omnibus bill included a confidentiality clause shielding troubled firms, passed 114 16 in the House and 31 0 in the Senate. Critics say it harms policyholders and fuels regulatory gaps. Montford calls for resignation amid board investigations. Three levels of oversight exist: supervision conservatorship and receivership.
At a Friday State Board of Education hearing in Austin, supporters of creationism urged that if evolution is included in biology textbooks it should be taught as well. They argued evolution is a religion and warned that teaching origins would offend Christian students and violate conscience.
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