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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jan 30, 1985
Page
1
A brief overview of the newspaper sections including Bridge puzzles for hobbyists, business and energy industry features, career guidance, comics and a crossword. Dear Abby advice column and entertainment notes round out the lineup with reviews and previews.
Oil buyers say anticipation of an OPEC agreement to cut prices pushed crude downward for a week. Permian Corp executive vice president Bill Kleine notes the move strengthens the view that area oilmen compete in a world market. OPEC announced cuts up to 1.41 a barrel after emergency talks, with West Texas Intermediate around 25.50 a barrel and posted prices varying.
The Commerce Department reports a 1984 U.S. foreign trade deficit of $123.3 billion, nearly doubling the 1983 record and tripling 1982. Analysts expect further deterioration as the strong dollar makes imports cheaper and exports harder to sell, with iron and steel, autos, and electrical equipment leading the rise.
In the February space shuttle flight, crew members will pass time with toys to illustrate science. David Griggs will walk the dog with a yo-yo, Karol Bobko spins a top, Rhea Seddon plays jacks, and Jeffrey Hoffman handles magnetic marbles and a small red car. Dr. Carolyn Sumners aims to use these demonstrations to teach youngsters about gravity and the space environment.
LCRA board votes 8-2 to accept an agreement in principle on Stacy Dam 554000 acre foot reservoir near Ballinger 140 miles east of Odessa subject to Texas Water Commission approval CRMWD officials delayed by bad weather but likely to accept after reviewing a hard copy The deal would have LCRA cede 113000 acre feet annually to CRMWD in return for water excesses sent downstream to LCRA jurisdiction enhancing statewide water plan talks.
The White House probes how Robert Latta slipped into a ceremonial area on Jan 20 mingling with Marine Corps musicians en route to Reagan’s inauguration. Spokesman Speakes cited internal review, potential procedural changes, and possible human error while noting intensified security for the weekend. Latta, 45, walked in at 8:57 a.m. CST amid uniformed musicians and was unarmed.
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