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Odessa American in Odessa, Texas

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Mar 18, 2003

Page

3

Williams Cos to pay record 20 million fine in FERC case

Williams Cos and its Transco subsidiary agreed to a 20 million civil penalty over improper dealing with affiliates and sharing shipping data. The settlement bars certain transactions and aligns with Williams plan to divest its energy marketing trading units. FERC cited 1999 onward activity, the largest penalty from its investigations.

Gulf Coast FERC Transco Williams Energy & Marketing Co Pat Wood Williams Cos Hie Yarwear Malcolm Houston Williams Energy Trading Williams

Air assault aims to clear path for Iraqi invasion plan

The article outlines a swift US led air campaign to cripple Iraq and set up a rapid ground invasion from Kuwait toward Baghdad. It cites Gen Richard Myers and Gen Tommy Franks on timing, forces including 130000 troops in Kuwait and 50000 Marines, with air power from F-117s F-14s F/A-18s and Tomahawk missiles.

Saddam Hussein Kuwait Richard Myers Joint Chiefs of the End Myers Baghdad Iraq Tommy Franks Central Command Franks David D. McKiernan Qatar U.S Ee Ee Isana Oeak Diers Iron Fist Tigris-Euphrates Delta Basra Iraqi Air Force Gulf Red Sea Anthony Cordesman Persian Gulf Mediterranean Indian Ocean Diego Garcia Europe Marine Corps

Fed Could Cut Rates to Zero If War Goes Badly

Fed may delay a rate cut at Tuesday’s meeting as war outcomes influence policy. Economists note the federal funds rate was lowered to 1.25 percent in 2001 amid recession and terror attacks, with a further cut possible only if U S action worsens or terror threats escalate.

Fed Washington Federal Reserve Sohn Iraq United States

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