Iran plans 25 percent boost to oil output by 1992
Iran's oil minister announced Tehran will raise production capacity to 4.5 million barrels per day within two years. He said March output was 3.3 million bpd and projected rises to 3.7 by July, 4.0 by next year, and 4.5 by 1992, with funds to repair war damage and sustain foreign currency revenues.
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Cyprus
Iran
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Gholamreza Ayazadeh
Organization of Petroleum Exporting Countries
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Shell to halt shipments to Louisiana dairy firm amid risk shift
Royal Dutch Shell plans to limit oil shipments to a Louisiana dairy supplier and rely on company-owned vessels to reduce liability. Observers note capacity limits and charter-ship availability shape the move at LOOP, a $700 million offshore terminal 19 miles off Grand Isle connected to refineries in LA, TX, and the Midwest.
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Royal Dutch Shell
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Tenneco and Coastal Bet Big on California Gas Lines
Two Houston energy giants Tenneco and Coastal Corp plan near identical 904 mile natural gas pipelines from Wyoming through Utah and Nevada to central California. Tenneco's Kern River Transmission has spent over 30 million on the project with costs around 3 million per mile, per the Houston Chronicle.
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Tenneco
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Government predicts AIDS vaccine by 2000
Washington AP report quotes Dr Anthony Fauci saying the decade of the 90s will bring major advances in AIDS research and that a vaccine could be available for widespread use by the end of the decade. He notes acceleration in vaccine development despite political criticism and funding debates.
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Washington
Bush
Anthony Fauci
National Institutes of Health
Sunda
Fauci
Farmers hope latest cloud has silver lining
Farmers face weather swings with hope for a rebound as wet springs lift crop prospects and land values. Prices for corn rise while farm machinery sales surge. experts note a cautious optimism about the 1990s, with federal subsidies and debt expectations shaping the outlook.
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Hanson
East German lawmakers push for final German unification vote
In a rare Sunday session in East Berlin lawmakers debated unification with West German officials. The assembly voted 267 to 92 to place the final question of German unity on the agenda. De Maiziere recalled the 1953 uprising as a historic milestone, framing unity as a world message. The vote followed a standing ovation as the parliament signaled its path toward unification.
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East Berlin
Gersen Hieiad Union
Mayors panel backs repeal Gramm Rudman plan
America's mayors at the U S Conference endorse broad anti poverty and anti drug funding calls and urge repeal of Gramm Rudman deficit rules while seeking tax cuts for Social Security workers. They want cities given more power over billboards on federal roads and push for multibillion dollar federal aid to cities though balk at opposing alcohol and tobacco advertising. The resolutions move to the full conference for approval as the six day meeting unfolds in Washington.
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Inside the American Forecast Highlights and Features
A brief overview of sections in the newspaper including HowW/2A Commentary 4A Crosswords 12A Dear Abby 12A Entertainment 7A Horoscope 12A Obituaries 10A Sports 1-4B Television Log 7A.
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