OPEC oil talks end without deal as July meeting planned
Oil ministers from 13 OPEC members wrap six days of talks in Texas and Yugoslavia without agreement on production ceilings or price targets. OPEC President Lukman notes ministers carry recommended quotas for government review before a July 28- Geneva session. Yamani smiles without comment.
MENTIONED IN THIS ARTICLE
Brioni
Yugoslavia
OPEC
Rilwanu Lukman
Nigeria
Geneva
Ahmed Zaki Yamani
Lukman
Organization of Petroleum Exporting Countries
Gholamreza Aghazadeh
Texas economy slides into recession says SMU study
Washington The Texas economy has slipped into a recession for the first time since the 1950s and the House approved tax overhaul may worsen conditions by removing oil and gas breaks. Sen Lloyd Bentsen notes the state's economy shrank for two consecutive quarters, with Bernard Weinstein calling it the first two-quarter decline since the 1950s.
MENTIONED IN THIS ARTICLE
Washington
Texas
House
Lloyd Bentsen
Southern Methodist University
Texas Democrat
Bernard L. Weinstein
SMU Center For Enterprising
Edwin L. Cox
Guide to features Business-Energy Business Review
A brief overview of the newspaper section lineup including Classified Comics Commentary and Dear Abby. Highlights the variety of features available across pages with emphasis on energy business coverage and typical column formats.
MENTIONED IN THIS ARTICLE
Business-Energy Business Review
Dear Abby
Texas may borrow money to keep unemployment fund afloat
Texas officials warn the unemployment insurance trust fund may require borrowing from Washington this week to keep checks flowing. In Odessa, TEC manager Ken Norris says local claimants will not notice the pinch as benefits continue and only some claims result in payments. From December to May the Odessa TEC office saw about 1,500 new claims per month, with 2,525 unemployment checks issued in May.
MENTIONED IN THIS ARTICLE
Texas
Washington
Odessa
Ken Norris
Texas Employment Commission
Norris
TEC
Ate
Fighting for first in ATV race at Boyd Raceway Fort Worth
Jimmy Kirk, 33, from Nabors Lane, blasts through a turn in a qualifying heat of the American All Terrain Vehicle Association Grand National Series at Boyd Raceway near Fort Worth. About 180 professional competitors were noted in the event.
MENTIONED IN THIS ARTICLE
Jimmy Kirk
Nabors Lane
Association
Boyd Raceway
Fort Worth
Odessa outage labeled normal part of business
An electrical short caused a fire that knocked out power to 21,128 Odessa customers Saturday night. Texas Electric Service Co. manager Bill Griffin said the cause remains unknown, the 138,000 volt breaker likely tripped as a protective device, and power was restored within about 26 minutes using normal sources.
MENTIONED IN THIS ARTICLE
Central Odessa
Electric Company
Bill Griffin
Texas Electric Service Co
West Third Street
Reagan administration opens contacts with South Africa black activists
A Reagan administration aide said Washington is reassessing policy toward white‑ruled South Africa and has begun low‑level talks with elements of the Black opposition and the ANC while coordinating with Britain. No sanctions are planned, but the review aims to broaden dialogue.
MENTIONED IN THIS ARTICLE
Santa Barbara
Calif
Reagan
South Africa
U.S
Washington
California
Capitol Hill
P.W. Botha
African National Congress
Margaret Thatcher
Thatcher
Also Mentioned on This Page
Cartel
Yamani
Bentsen
Administration
Lave
Oliver Tambo
ANC
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