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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Oct 07, 1981
Page
1
In dramatic fashion the Houston Astros won the first playoff game against the Los Angeles Dodgers Tuesday night. A ninth inning homer supplied the decisive push. A full report is on Page 1B. Odessa water rates to rise 25 percent are noted with local news on Page 10.
Egypt's Parliament met in emergency session to eulogize Sadat and formalize Vice President Hosni Mubarak as the sole candidate in the referendum set for Tuesday. Police and military sources blamed extremist Muslims for the murder, with 22 fundamentalists arrested after the attack on the presidential parade.
Santa Fe International Corp and Kuwait Petroleum Corp sign a merger agreement making Santa Fe a Kuwait Petroleum subsidiary. The plan values Santa Fe at about 2.4 billion, with $51 per share cash premium for holders, and potential congressional review could affect closing.
The Pentagon says increased readiness by elements of the U S Rapid Deployment Force and Mediterranean ships is prudent and not a move of U S forces. Officials say the action aims to deter Khadafy from instability in Egypt after President Sadat's death. Secretary Haig suggests Khadafy may have known of the plan.
Federal windfall oil profits tax and oil gas royalty receipts run behind projections by several billions of dollars. Analysts cite lower crude prices and underreported volumes as原因. Producers blame lease mismanagement and faulty forecasts, while audits show underpayments of royalties.updated forecasts show continued shortfalls through fiscal 1983.
Odessa city and Ector County officials continue to dispute the site for the Southside Senior Citizens Center. Councilwoman Burton backs Salinas Park while Commissioner Hammond favors La Fiesta Park, with final say unresolved and funding split between city and county. The matter may be decided at the Oct 13 meeting as officials weigh community reaction and jurisdiction.
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