Masghara Falls to pro-Syrian militiamen amid Lebanon clashes
Pro-Syrian militiamen storm Masghara in the Bekaa Valley seizing most of the town after house to house fighting with Shiite militants. Nine dead and 37 wounded. Beirut reports 127 killed and 613 wounded across the fighting since last month.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Bekaa Valley
Masghara
Damascus
Syria
Nabih Berri
Syrian Social Nationalist Party
Hezbollah
Party of God
Mashgara
Aitanit
Bekaa
Sohmor
Yohmor
Bush's Midland Life Reveals Vice President's Son Busy, Frugal
The Midland native son of the vice president devotes mornings to Spectrum 7 and Bush Exploration in First City Towers, then runs three to five miles at the local YMCA. He balances family with work, guitar-like humor, and disciplined spending despite recent oil-price losses.
MENTIONED IN THIS ARTICLE
Bobby Holt
Willow Court
Midland
Holt
Bush
Spectrum 7 Energy Group
First City Towers
Spectrum 7
Bush Exploration
Permian Basin
West Texas
Pickens argues against oil import fee amid production split
T Boone Pickens contends that only 10 states produce oil while 40 do not, so a $10 crude import fee would help producing states but mainly benefit nonproducing ones through lower prices. He notes oil executives once sought federal decontrol and predicts Oklahoma and Texas must expand their economic base as new growth requires strong leadership from industry and government.
MENTIONED IN THIS ARTICLE
United States
Oklahoma
Massachusetts
Pickens
Congress
Southwest
Texas
Pickens Defends Phillips Petroleum Evaluation After Takeover Talk
In discussing Phillips Petroleum after his takeover bid, T. Boone Pickens argued the firm is not as weak as some claim. He noted a $250 million dividend cut and a 1986 cash flow around $1.6 billion, suggesting funds could have been used for stockholders. He faulted top-level restructuring for bureaucratic bloat and said cuts hit lower-level staff while steps are now taken to trim executive hierarchy.
MENTIONED IN THIS ARTICLE
Phillips Petroleum
Pickens
Phillips
Bartlesville
Bushes share family ties and faith influence from Graham
Washington Denver a petroleum businessman Marvin 30 of Arlington a stockbroker and sister Dorothy LeBlond 27 of Portland a Maine housewife spend two weeks each August at a Kennebunkport Maine vacation house in the family since 1901. Rev Billy Graham visits and Bush calls him quiet intelligent pensive humble. Graham opened Bushs spiritual awareness and inspired Bible reading though not as often as he should. Politics occupies his attention most often as he plans to campaign for his father when the elder Bush begins a campaign.
MENTIONED IN THIS ARTICLE
Denver
Marvin
Arlington
Dorothy LeBlond
Portland
Maine
Kennebunkport
Bush
Billy Graham
Graham
Bush says GOP faces strong field for 1988 nomination
Bush predicts stiff Republican contest with Elizabeth Dole or Robert Dole Jack Kemp and Pat Robertson among potential rivals while noting the Democratic race remains too close to call. He mentions his son Jeb Bush weighing a political future only after personal and family factors align.
MENTIONED IN THIS ARTICLE
Elizabeth Dole
Kansas
Robert Dole
New York
Jack Kemp
Pat Robertson
Bush
U.S
Kent Hance
Lubbock
Oil slump hits Mexico as crisis deepens says Herzog
A Mexico investment firm notes banker disappointment with Mexican actions while officials warn oil price collapse creates a historic crisis. Treasury Secretary Jesus Silva Herzog calls the plunge the crucial factor behind the dislocation, marking the worst downturn in decades.
MENTIONED IN THIS ARTICLE
Shearson Lehman Brothers
Mexico
Treasury
Jesus Silva Herzog
Mexico Ruptures Oil Revenue Chief Source Hit by Decline
Fulbright professor JA Robert Pastor of Colegio de Mexico notes oil prices have fallen over 50 percent since November. Mexico faces a likely loss of about half of the 13.3 billion dollars it earned from oil last year and imports rely on this foreign revenue.
MENTIONED IN THIS ARTICLE
Robert Pastor
Colegio de Mexico
Mexico City
Mexico
Permian Basin Skies Set to Stay Fair With Warm Weekend
The National Weather Service at Midland reports mostly fair skies across the Permian Basin with mid 90s daytime highs and 60s nights. North and South Texas see hot, partly cloudy conditions with scattered thunderstorms, while West Texas remains clear except for Edwards Plateau clouds.
MENTIONED IN THIS ARTICLE
Permian Basin
National Weather Service
Midland
Weather Service
Texas
South
Rio Grande Valley
NWS
West Texas
Edwards Plateau
Corpus Christi
San Antonio
el Paso
Childress
Dallas
Fort Worth
Killeen
North Texas
Midland Regional
Concho Valley
Panhandle
South Plains
Far West
Big Bend Area
Postmaster Notice for Odessa American Subscriptions
Address change requests to THE ODESSA AMERICAN PO Box 2952 Odessa Texas 79760. Subscription prices subject to state and city taxes. Delivery options include Daily Sunday and Sunday only. Rates shown for 6 months and other options with varying monthly and quarterly figures. Delivery problems contact number provided with cutoff times for daily and weekend deliveries.
MENTIONED IN THIS ARTICLE
Odessa American
Odessa
Texas
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Associated Press
Younger
Jack Benny
Midland Lee High School
Laura Welch
Barbara
Jenna
Washington, D.C
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Washington
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Abilene
Sun
NOAA
US Dep of
Commerce
Amarillo
Austin
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Marta
McAllen
San Angelo
Stephenville
Texarkana
Waco
Hi Lo Pre Otik Atlanta
Richmond
St Louis
Salt Lake City
San Francisco
Seattle
Home Delivery
Imo
Tyr
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