Andreotti vows minority cabinet with Communist support
Multiple dateline summaries detail Italy's political move as Premier designate Giulio Andreotti leans toward a minority Christian Democratic government dependent on Communist support after talks with Socialists falter. Other reports cover U.S. price shifts, Soviet satellite activity, legal debates, and ongoing crises from Lebanon to Denver.
MENTIONED IN THIS ARTICLE
Rome
Giulio Andreotti
Italy
Andreotti
Ford seeks to win Reagan south for Mississippi delegates
Ford presses two stage push to peel away Reagan conservatives in Mississippi and beyond. Connally endorses Ford as best for party while Nessen says Friday Mississippi visit aims to rally uncommitted delegates. Delegates show Ford 1095 committed, Reagan 1024, 141 uncommitted.
MENTIONED IN THIS ARTICLE
Ford
Mississippi
Ton Nessen
Texans unimpressed with Connally endorsement
The Associated Press reports Texans are divided over Governor Connally backing Ford for the Republican nomination. Some, like Dallas County Republicans’ William McKenzie, see Connally as Ford's running mate, while Reagan supporters like Dallas delegate John Leedman call the move late and unlikely to sway Texas delegates bound to Reagan through two ballots at the national convention.
MENTIONED IN THIS ARTICLE
Evans Witt
Associated Press
Washington
Ford
Ronald Reagan
Reagan
Mississippi
Doug Shanks
Ford Mississippi
White House
Texas
John Connally
Connally
Lone Star State
Kansas City
Dallas County
William Mckenzie
McKenzie
John Leedman
Dallas
Leedman
Price hike boosts interstate natural gas sales
Houston AP reports that a tripling of wellhead prices for new natural gas may ease interstate supply. The Federal Power Commission opened the market to 1.01 to 1.42 dollars per thousand cubic feet, while old gas remains under existing contracts at 20 to 52 cents. Exxon and Texas independents urge full deregulation to spur new exploration, saying current policy limits market-driven price signals.
MENTIONED IN THIS ARTICLE
Houston
Texas
Federal Power Commission
Exxon
George D. Mitchell
Jack Blanton
Texas Mid-Continent Oil and Gas Association
Michell T. Halboury
American Association of Petroleum Geologists
Halbouty
FPC
Associated Press
Federal Power Commission Fpc
Michael T. Halboury
Blanton
Texas Railroad Commission
Ben Ramsey
Ramsey
Railroad Commission
House
Bill Clayton
Congress
Rig counts hit multi month high in oil fields
A Hughes Tool Co survey released by the International Association of Drilling Contractors shows 1,632 rotary rigs active in the nation on Monday, up from 1,606 the prior week and 1,618 a year earlier, with Louisiana at 230 rigs and Texas 625. In defense spending, the Navy plans 183 million for a new low flying missile in 1977, up from 94 million, while the Air Force seeks 79 million, up from 29 million in 1976.
MENTIONED IN THIS ARTICLE
Houston
Louisiana
Hughes Tool Co
International Association of
Texas
Navy
Air Force
Conference Board
Consumer groups challenge rise in national gas price
Consumer advocates led by Energy Action challenge the Federal Power Commission’s plan to raise the nationwide ceiling on interstate natural gas prices. They seek reconsideration and an injunction delaying the increase, arguing the move is too high and lacks reinvestment requirements. The commission set new ceilings for 1974-75 gas supplies, while intrastate gas remains largely unregulated.
MENTIONED IN THIS ARTICLE
Stan Benjamin
Associated Press
Washington
Federal Power Commission
Energy Action
Commission
U.S. Court of Appeals
FPC
Don S. Smith
Tom Girard
FCC
Texas gas price shift sparks deregulation debate
Texas producers and industry leaders debate FPC actions raising interstate gas prices from 52 cents to up to 1.42 dollars per thousand cubic feet. Texas Comptroller Bullock praised the boost to state revenues, while others call for full deregulation as long-term contracts and exploration incentives loom.
Gas price hike could lift Texas surplus by millions
Texas Comptroller Bob Bullock said federal Power Commission action raising interstate natural gas prices could add 66 million to the state surplus projected for August 31 1977 and potentially 165 million to revenues in the next biennium ending 1979. The prior surplus estimate was 827 million, reduced by 103 million due to education funding shortfalls.
MENTIONED IN THIS ARTICLE
Halboury
Texas
Bob Bullock
FPC
Bullock
Austin, Tex
Federal Power Commission
Texas Education Agency
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