OPEC price hike expected as Caracas talks loom
OPEC oil ministers meet December seventeen in Venezuela amid expectations of higher crude prices led by Saudi Arabia and others. Analysts foresee U.S. gasoline and heating oil costs rising 5 to 6 cents a gallon, aided by Tehran’s uncertain output, while spot prices reach near 40 per barrel. U.S. stockpiles stand at 350.2 million barrels, supplying about 17 days of demand, with Japan at 93 days.
MENTIONED IN THIS ARTICLE
U.S
Organization of Petroleum Exporting Countries
Venezuela
Saudi Arabia
OPEC
West
North Sea
Mexico
Iran
Caracas
Nigeria
United States
Japan
Lawyer Says Farmers Are Politically Stupid
Washington attorney John Kramer told Farmland Industries delegates that farmers must form broad alliances with consumers labor unions and other groups to avoid agriculture becoming a backwater. He warned political power has shifted away from farmers who are about 4 percent of the population and cautioned against confrontations that fail to yield lasting gains.
MENTIONED IN THIS ARTICLE
Kansas City
Washington
Farmland Industries
John Kramer
House Agriculture Committee
Kramer
Congress
White House
Drys Push To Raise Kansas Beer Age To Twenty One
Kansas anti liquor forces and church groups press lawmakers to raise the legal beer buying age from 18 to 21 as the 1950 legislative session opens. The coalition cites teen drinking and driving concerns while citing enforcement worries in college towns and mentions support from Methodist ministers and the Kansas Nebraska Southern Baptist chapter.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Kansas
Antiliquor
Richard Taylor
Lady
Taylor
Coalition For 21
Russell Reitz
Manhattan
Kansas-Nebraska
Southern Baptist Convention
Detroit Automaker Output Drops Sharply in November
Automotive News reports U S automakers produced 807 597 cars in November a 6 33 percent drop from 862 127 last year. Truck output fell 44 87 percent to 187 296 from 339 721. Year to date auto output is 8 105 381 versus 8 732 317 last year a 7 18 percent decrease. Truck production for the year is down 17 92 percent.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Automotive News
Also Mentioned on This Page
AP Business Writer
The
United
House
Wendell Lady
Overland Park
Sheldon
S. Walnut
Ottawa
Lorre
Trang
Sry
Business and Professional Guide
Optometrists
James A. Eaton
Optometrist
Pharmacists
Eynolds Gexall Drugs
John Reynolds
Dennis L. Smith, O.D
S. Main
Rodney McClay, O.D
McArdle
McArdle’s
E. 15Th
York-Borg-Warner Heating and A.C
Bud
Betty McArdle
Shirley James
Mary Ellen Malburg
Karen Martinez
Taylor Insulation
Brown’s Hardware
Longwood
Dixon
Westinghouse and
Singer
Arrowhead Carpet Cleaning Co
Mobile
Matney Chiropractic Office
Brockways Chiropractors
Ors
Martin John
Don L. McKelvey
D. C
Chiropractic
Orthopedics
W. 15Th St
J.C. South, D.C
the Maple
Jim and
Marty Ralston
Ous
Anderson Realtors
Pomona
Lawn and Garden Supplies
Brown
Andy's Siding Co
Franklin County Mental
Health Clinic Inc
TY Mental Health Clinic
Wintergreen
S. Pearl
Paola, Kansas
Croucher
Abstract & Title Co
Jeanette Croucher
W. 3Rd
Carey Piping Inc
Welding Service
Mike Detwiler
Mike's Welding Service
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