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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
May 08, 2004
Page
1
Oil for June delivery climbed to as high as 40 per barrel on the New York Mercantile Exchange before ending at 39.93, the highest in over 13 years. Analysts warn drivers should expect higher gasoline prices as spot prices for fuel rise across the West Coast and Rocky Mountain states.
Southwest Airlines navigates an oil price squeeze through hedging strategies. A trader notes a past misstep before markets, while references point to the last time front month futures closed above 40 dollars in 1990 ahead of the Persian Gulf War with inflation-adjusted comparisons.
U S Army Sgt Adam Christopher Martinez arrives home after 586 days overseas as his mother Eloisa Martins places a ribbon for every day he was gone. She kept faith and prayers, hoping he would return safely. He thanks his mother and notes the ribbons symbolize her love.
KOCV-TV funding falls short of the estimated 900000 annual cost. ECISD expects more grant money, with two applications for 100000 each. Station manager Lynn Dudney notes total revenue to date around 751987 after acquiring KOCV-TV from Odessa College last year.
Funds received for KOCV TV from federal and state programs include a Community Service Grant of 501,710 dollars, a Television Interconnection Grant of 11,015 dollars, and a Television Local Service Grant of 132,666 dollars. Local and state grants also listed.
Ector County commissioners finalize a 45000 payout to Regina Brazeal former insurance department head. The package includes 35000 lump sum 9776 back pay 25224 for mental anguish plus regular salary through July 15 and retroactive retirement contributions 10109 pre tax wages. Brazeal resigns April 26 and remains on paid leave until July 15 then may draw state and county retirement benefits. Mediation with EEOC officials produced the agreement and Brazeal waives further litigation.
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