OPEC Rift Signals Pressure on Permian Basin Oil
Permian Basin oil experts warn domestic crude prices may drop after OPEC failed to bolster prices during three days of Vienna talks. Analysts diverge on timing and extent, while local figures like Waylon Griffin and Bill Kleine expect ongoing volatility. Rig count eased to 264 as drilling activity potentially slows before any rebound next year. Subroto closed the talks with no firm policy, page says.
MENTIONED IN THIS ARTICLE
Permian Basin
Organization of Petroleum Exporting Countries
Vienna
Austria
OPEC
Waylon Griffin
University of Texas
New York
Griffin
Ed Thompson
Permian Basin Petroleum Association
Mexico
Thompson
Reed Rock
Subroto
Reagan calls terrorist acts acts of war in ABA speech
President Reagan branded Iran Cuba Libya North Korea and Nicaragua as a confederation of terrorist states engaged in acts of war against the United States. He urged international action to indict apprehend and prosecute terrorists and cited the Beirut hostage crisis and El Salvador killings as justification for united or unilateral action to deny terrorists sanctuary.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Iran
Cuba
Libya
North Korea
Nicaragua
United States
American Bar Association
Community of Civilized Nations
Beirut
el Salvador
Analysts See Bleak Economic Forecast
Washington analysts warn the U.S. economy may remain in a growth recession with slow expansion and rising unemployment. After a near flat first quarter and a meager 3.1 percent pace in April-June, economists doubt sustained strong growth amid foreign competition and a ballooning trade deficit projected to about 150 billion dollars for 1985.
MENTIONED IN THIS ARTICLE
Washington
U.S
Malcolm Baldrige
Federal attorney begins new duties in Midland
James K. Blankinship Jr., 31, sworn in June 25 as the first permanent Assistant U.S. Attorney stationed in Midland, will prosecute federal crimes in Midland Odessa and Pecos divisions of the western district of Texas. He expects a secretary soon and notes enough local work to justify a resident office.
MENTIONED IN THIS ARTICLE
Midland
Wall Avenue
U.S. District
James K. Blankinship Jr
Blankinship
U.S. Attorney’s Office
U.S
Lucius D. Bunton
Odessa
Pecos
Texas
el Paso
PRI claims northern gubernorship wins amid fraud accusations
In Mexico, the PRI declared victory in Neuvo Leon and Sonora governor races while the PAN alleged ballot stuffing and fraud. Violent protests erupted in San Luis Rio Colorado as soldiers guarded Piedras Negras amid tense counting for the 4th district seat in Coahuila.
MENTIONED IN THIS ARTICLE
Mexico City
Institutional Revolutionary Party
Chamber of Deputies
Congress
Neuvo Leon
Texas
Sonora
Arizona
Miguel de la Madrid
Institutional Revolutionary
Party
PRI
San Luis Rio Colorado
National Action Party
PAN
House of Representatives
Piedras Negras
Coahuila
Also Mentioned on This Page
Rift
Odessa, Midland
Fausto Ochoa Medina
National Congress
Marta Alamillo
Manuel Esquivel
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!