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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Mar 07, 1986
Page
2
Governor Mark White expressed strong support for Texas teachers facing the state competency test on Monday. He acknowledged concerns but predicted good performance, framing the exam within the 1964 school reform law while noting a teachers union legal challenge over the fairness of a one shot test.
Bates Well Service in Odessa notes a 30 percent drop but stays optimistic, expecting oil prices to rise gradually and oil-related businesses to recover after April. He cites the complex network around new wells and the TEA staff taking the test. Hughes Tool Co. reports U.S. rig count at 1,248 versus 2,011 a year ago.
A market report notes ongoing conviction about future price levels with investors expressing doubt and seeking clarity. Statements from Montgomery reflect concern over how far prices will rise as the dialogue questions the potential bottom and trajectory over multiple years.
The University Board of Regents in December approved 500000 toward a proposed energy and economic diversification center between Odessa and Midland. Rudd says the Select will survey universities next week on factors affecting UTPB including engaging Odessa legislators and boosting research funding to uphold educational standards.
UT System officials announced a 13 percent budget reduction plan across 14 institutions, with UT Permian Basin receiving 1.7 million over two years while overall cuts reach 91 million. Not all recommendations apply to UTPB as Leach notes no new buildings and smaller size limit impact. Leach targets freezes on out of state travel and reduced in-state travel to save funds while stressing layoffs are not stated.
During a funeral, two friends of the officer share a solemn embrace at the conclusion of the services. The moment captures grief and camaraderie amid the ceremony.
The Senate considered a balanced budget amendment that would cap federal spending to yearly revenue, sparking praise from supporters and sharp resistance from critics. Senator Thurmond called it a path to restore sanity, while co sponsors Hatch Grassley Simon and DeConcini backed the effort with caveat waivers for wartime spending.
Court records show a former banker convicted of embezzlement and falsifying bank records. The sentence reflects penalties assessed for the financial crimes and related charges, detailing the tribunal's ruling and implications for the institution involved.
The bank as collateral on a loan to DMD Malone is linked to accusations that banking transactions were misreported and interests misrepresented in a business that received a loan from the bank he headed. Tapp allegedly secured loans for Donco Inspections Inc., in which he owned one third of the stock.
Weather summary reports warm, windy Saturday across Texas with readings 49 in Lubbock and 53 in El Paso. No precipitation in past 24 hours or this March. Extended forecast shows mainly north winds, partly cloudy skies, mid-70s to mid-80s in many areas, and cooler 60s to 50s by Monday and Tuesday across the state.
The Odessa American prints daily and Sunday editions at a yearly rate. Postage is via Odessa Texas, with subscription terms and delivery options including daily and Sunday editions.
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