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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Oct 23, 1975
Page
3
Venezuela's government said price increases of 75 cents per barrel will take effect retroactively to October 1, adding about 156 million dollars in oil revenue for the last quarter. The action was announced by an official of the Ministry of Mines and Hydrocarbons.
The Senate approved a plan to end federal price controls on natural gas but the House is unlikely to act this year. The 58 to 32 vote sets a 10 to 12 year path to complete phaseouts with an amendment keeping old gas under control. The administration backs the bill while House leaders push immediate shortage measures.
Delegates at the Juvenile Borderlands Conference proposed a border state compact to press the federal government and Mexico for long term solutions to illegal crossers who commit crimes. A.G. Forbes urged federal action and treaties with Mexico, while officials noted Mexican prosecutions are unlikely.
An American banker in Athens asks about Beirut. response is pretty calm amid kidnappings, sniper killings, mortar strikes, and rocket attacks. gunmen kidnap Christians and Moslems retaliate. security forces overwhelmed. Political deadlock and sectarian tensions persist as Palestinian and foreign militants influence the conflict.
In Monasterevin Ireland a three person group holding Dutch industrialist Tiede Herrema inside a besieged row house refuses to surrender. Eddie Gallagher offers to give up but Marian Coyle, 19, refuses to release their hostage. Police vow to wait them out as the siege enters its third day with the trio barricaded upstairs and armed forces on the ground floor. Marian Coyle is identified as one of the militants and is linked to the Londonderry family. sister Marlene is sought for English and Scottish bombings. The group reportedly has no food and only bathroom water.
Daybreak Guam is the first to greet each new day as the westernmost US territory, lying closest to the International Date Line and earning the nickname where Americas day begins.
The Texas Supreme Court will hear oral arguments on November 5 a case over a $2,590 debt UT regents want paid to Jessen Associates. The dispute centers on a veto linked voucher for a $10 million law school addition and seeks mandamus against Comptroller Bullock.
FTC antitrust lawyers say there is no reliable data on who owns energy resources on public land. A 768 page FTC study notes it is impossible to determine ownership precisely. The report accompanies Senate votes rejecting energy market restrictions and cross ownership bans. Oil firms control substantial shares of coal and uranium reserves, while the energy crisis prompts a revist of the 1973 antitrust suit.
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