Oil prices rise as OPEC pact boosts Permian activity
West Texas Intermediate crude climbed to 19.03 a barrel on the NYMEX as markets priced in a seven week high after a Norwegian shutdown and a fresh OPEC agreement. Local oilmen, including Earnest Thomas and Eddie Watts, say prices above 19 dollars encourage more secondary recovery work and industry activity in the Permian Basin.
MENTIONED IN THIS ARTICLE
West Texas
Permian
Earnest Thomas
Thomas Sales Inc
Kermit Highway
North Sea
New York Mercantile Exchange
West Texas Intermediate
Eddie Watts
Tillery & Parks Co
Grant Avenue
OPEC
Watts
United Arab
West Texas Fire Weather Sparks 42 Grass Fires in 4 Days
West Texas remains dry as rain forecasts waver amid a rash of grass fires. Ector County reports 42 grass blazes in four days, with six more in 24 hours ending about 9 a.m. today, including a mobile home fire at Doris Beloat's residence in west Odessa. Midland crews battled 12 fires including an arson strike at 1805 East Maple Ave. The shell of the vacant house was damaged while the upper floor of a nearby two story home also burned.
MENTIONED IN THIS ARTICLE
West Texas
Ector County
Odessa
West Odessa
Doris Beloat
Beloat
Midland
Son Dominguez
East Maple Ave
Dominguez
Big Bend Fire Brings Evacuations in Park’s 45 Year History
A wildfire in the Chisos Mountains of Big Bend National Park has scorched more than 600 acres and prompted evacuations of over 100 campers. Ed Wood of the Forest Service says hot spots near a barn end remain a concern as temperatures near 90 and winds from the west threaten a wider outbreak. Ten crews of 20 firefighters, plus two park helicopters, are on the line near Blue Creek Ranch after the blaze was reported Saturday afternoon near the 5,500 foot level along the Blue Creek drainage. No injuries reported.
MENTIONED IN THIS ARTICLE
Big Bend National Park
Chisos
National Park Service
Ed Wood
Alamogordo
N.M
U.S. Forest Service
Big Bend
Wood
Park Service
Blue Creek Ranch
Chisos Mountains
Blue Creek
Banks post record profits as failures rise in 1988 mix
U S banks earned a record 25.3 billion in 1988 while 221 banks failed, FDIC chair L William Seidman said preliminary data show. Quarterly profits rose to 6.7 billion, beating prior records as the economy grew and oil and farm states faced weakness.
MENTIONED IN THIS ARTICLE
Washington
U.S
Federal Deposit Insurance Corp
L. William Seidman
Seidman
Rules strap fuel tank owners
A Texas child sits in a blue swing as more than 60 empty steel fuel storage tanks sit on three acres behind the Nay family home in East 385 Ranch Estates south of Odessa. The EPA's December 1988 underground tank rules require bare steel tanks to be removed and replaced with safety-coated models to prevent leaks. Tank owner Tom Ervin says the abandoned tanks pose no health hazard and are sold after steam cleaning to other buyers.
MENTIONED IN THIS ARTICLE
Marianne Nay
South Ector County
East 385 Ranch Estates
Marianne
James
Barbara Nay
Nay
Nay Home
Environmental Protection Agency
EPA
Tommy Ervin
Ervin
Stores pull Chilean fruit after cyanide find in grapes
Ev erybody s Supermarket on Grant Avenue and Farr s stores pull red white and black grapes nectarines plums and peaches from Chilean shipments after FDA warns cyanide detected in grapes sold to Philadelphia distributors. Stores expect higher fruit prices and refunds for customers who bought affected items.
MENTIONED IN THIS ARTICLE
Permian Basin
United States
A.W. Wrinkle
Grant Avenue
Wrinkle
Chile
North America
U.S. Food and Drug Administration
Philadelphia
FDA
U.S
Bob Hurmence
Lubbock
Hurmence
Skaggs Alpha Beta
East 42Nd Street
Robert Moore
Also Mentioned on This Page
West
Texas
The
S&l
BANKS
FDIC
Bridge
Abby
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!