Arabs Offer Oil Terms Tied to Israel Withdrawal
Saudi oil minister Yamani proposed resuming shipments to the United States in phases if Israel withdraws with a timetable. He and Algerian energy minister Abdessalam met Kissinger, with officials saying the talks were frank and serious.
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Washington
Saudi Arabia
United States
Henry A. Kissinger
Sheik Ahmed Zaki Yamani
Europe
Israel
Yamani
Belaid Abdessalam
Kissinger
George S. West
State Department
West
William E. Simon
the Treasury
George P. Shultz
Commerce
Frederick
Slow Driving Could Cut Auto Insurance Rates Nationwide
States study lower speed limits and rate reductions as gas shortages curb driving. A 55 mph federal bill looms, while Pennsylvania warns of possible 40 to 50 percent premium cuts if accident rates fall. Louisiana orders rate cuts if 50 mph limits persist, with insurers urged to refund excess profits and adjust plans for energy crisis effects.
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Louise Cook
Associated Press
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National Association of Insurance Commissioners
Las Vegas
Nev
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Senate
Pennsylvania
Herbert S. Denenberg
Frank Whaland
Insurance Service Office
Sherman Bernard
Dollar Rides Oil Squeeze To Strength, Analysts Say
London reports a recovering dollar as Arab oil cuts lift sentiment. Europe and Japan rely heavily on Middle East oil, while U S demand is lighter. Short term gains include steadier production and easing price rises, with long term prospects hingeing on shale oil coal gas as alternative energy sources.
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London
U.S
Europe
United States
Middle East
Japan
Specialists Eye Comeback in Nuclear and Coal Power Demand
New York AP report notes energy shortages revive demand for nuclear engineers and physicists with basic design and applications experience. Salaries rise with top earners potentially reaching 80,000 to 100,000, while overall market remains uncertain into year’s start.
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New York
Bill Breitmayer
Executive Register
Breitmayer
New Kansas auto insurance law takes effect January first
A two part AP feature explains the new Kansas law requiring compulsory liability insurance for vehicle owners starting Jan 1. It establishes no fault benefits, license tag certification with policy details, possible registration revocation for noncompliance, and minimum liability limits of 15000/30000/5000 with options through the Kansas automobile insurance plan for high-risk drivers.
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Kansas
Topeka
Kan
Kansas Commissioner of Insurance
Felther Bell
Bell
Elton Lobban
Lobban
Kansas Automobile Insurance Plan
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