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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Jan 24, 1983
Page
7
Local notes preview Baker University as it nears its 125th anniversary with events and commemorations planned on campus. Highlights from pages show sport and news items across sections.
Geneva AP reports OPEC ministers failed to resolve pricing and production disputes after an emergency session. Saudi Arabia pledged to keep its price at 34 dollars per barrel, while Iran hailed the outcome as a loss for Saudi leadership. Britain was expected to lower prices, pressuring members to cut. Market shares tumbled in New York as uncertainty grew about a global oil price drop.
New York analysts warn against premature forecasts of lower heating oil and gasoline prices despite a global oil glut and stalled OPEC talks. Bernard Picchi of Salomon Brothers says pricing depends on resolving production issues, while Dan Lundberg predicts a dime drop in prices by April. Gasoline averaged $1.18 per gallon, down 21 cents from a year ago, with 6.6 percent decline reported last week, aiding inflation containment.
In Topeka a bill to end the state cap on consumer loans above 5000 is introduced along with Gov Carlin’s welfare reform plan to remove able bodied adults aged 18 to 41. The package seeks to expand lending freedom while trimming welfare rolls by at least five million dollars.
Franklin County officials prepare for Topeka hearings on HB 2002 to set hospital procedures and HB 2015 to modify protest petitions. County leaders attend County Government Day with Kansas Association of Counties while reviewing monthly claims and considering a bulldozer purchase. A dog control inquiry is referred to the Humane Society.
The Supreme Court upheld Kansas 1979 Natural Gas Pricing Act as constitutional. KCC attorney Brian Moline called the decision a victory for consumers, preventing higher prices through decontrol. The law barred suppliers from breaking long term contracts with utilities amid federal price changes.
Washington AP reports politicians and business leaders see a growing federal deficit as a trigger to replace the income tax with a consumption based, flat, or value added tax. The Reagan administration weighs options, but Congress seems unlikely to act soon. Senator Symms and Rep Moore say major change unlikely before 1990.
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