Oil price controls fate in limbo after Congress clash
Federal Energy Administrator Frank Zarb warned oil prices could rise by November if Congress does not reimpose controls. House action favored rolling back prices, keeping a $5.25 ceiling on two thirds of U.S. crude and shifting the rest to $7.50, while President Ford resisted. Debate over a broader energy bill continued as leaders eyed fast action.
MENTIONED IN THIS ARTICLE
Washington
Frank G. Zarb
Congress
Zarb
House
Ford
U.S
Carl Albert
Trade mission from China tours Houston oil sector
A 12 man delegation from the People’s Republic of China toured Houston oil and petrochemical facilities on their 18 day U S trip. The visit began in Washington with President Ford and Secretary Kissinger, marking the first senior Chinese trade mission to the United States.
MENTIONED IN THIS ARTICLE
Houston
People’s Republic of China
China
United States
Washington, D.C
Ford
Henry Kissinger
Washington
Israel
Shimon Peres
Henry A. Kissinger
U.S
Sinai
Chicago teachers back to school after strike settlement
Chicago public schools reopen as teachers return under a tentative contract. CTU members in the House of Delegates approved the pact, with ratification by rank and file pending. Starting salaries rise to 11 000, top pay to 22 600, and 1 525 teaching jobs are retained with class size capped at 32 in some grades.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Teachers Union
House of Delegates
CTU
Robert M. Healey
Healey
State General Assembly
Joseph P. Hannon
Hannon
Terrorists attack Juarez policemen
Two Juarez policemen, Juan Manuel Gonzales Aparicio and Leonardo Fanco Vasquez, remained in critical condition after a gun attack on a patrol near Juarez University. Police pursued members of the 23rd of September group as a manhunt spread toward El Paso across the Rio Grande.
MENTIONED IN THIS ARTICLE
Juarez
Mexico
Mexican Federalis
el Paso
Tex
Rio Grande
Juan Manuel Gonzales Aparicio
Leonardo Fanco Vasquez
Juarez University
Vasquez
Aparicio
Train wreckage cleared near Edgewood Texas
Workmen began clearing the wreckage of a Texas and Pacific freight train that jumped the track near Edgewood triggering several fiery explosions. The train carried flammable materials including a tank car of polyvinyl chloride and wrecked before dawn Wednesday near an Amoco Production Co. natural gas plant.
MENTIONED IN THIS ARTICLE
Edgewood, Tex
Texas & Pacific
East Texas
Amoco Production Co
Oil imports rise as Texas sets October oil allowables
Austin AP Jim Langdon of the Texas Railroad Commission reports higher crude imports and lower domestic production, setting October Texas oil allowable at 100 percent for the 43rd straight month. Total October nominations total 3,774,509 barrels a day, down 233,210 from September, with Exxon’s missing demand factor cited as a reason for the rise. The four week average crude imports through Sept 5 stood at 4,432,000 bpd, up 659,000 since Jan 3. Texas field July production slipped 5,000 bpd from June. East Texas capped at 86 percent. MajorOctober nominations listed for each company in barrels per day, with changes from September.
MENTIONED IN THIS ARTICLE
Austin, Tex
Jim Langdon
Texas Railroad Commission
Texas
Exxon Co
Exxon
Langdon
East Texas
Smoco
Atlantic
Chevron
Continental
Diamond Shamrock
Gulf
Mobil
Phillips
Shell
Sun
Texaco
Union of California
Senator alleges shellfish toxin hidden from destruction order
Senate intelligence committee heard that about 11 grams of deadly shellfish toxin were transferred from the Army to the CIA after the 1970 order to destroy all stockpiles. Senator Mondale and others questioned whether the toxin was fully destroyed and cited an incomplete inventory. Army officials could not confirm destruction. witnesses including former Army scientists testified.
MENTIONED IN THIS ARTICLE
Washington
Middle East
United States
House Intelligence Committee
Otis G. Pike
D-N.y
U.S
Senate Intelligence Committee
Defense Department
Walter F. Mondale
D-Minn
Army
Central Intelligence Agency
Mondale
CIA
Intelligence Committee
Curtis R. Smothers
Naomi
Southern governors seek five year moratorium on natural gas price controls
The 41st annual Southern Governors Conference urged Congress to pause price controls on natural gas for five years. Gov. Mandel helped craft the compromise while Gov. Briscoe pressed for full deregulation. The proposal includes an immediate 180 day lift to address shortages, an excess profits tax, and credits for reinvestment in exploration. The group plans to review effects after five years and meet in Williamsburg in 1976.
MENTIONED IN THIS ARTICLE
Orlando
Fla
Congress
Confernee
Dolph Briscoe
Texas
Marvin Mandel
Maryland
Mandel
Energy and Resolutions
David Boren
Oklahoma
Florida
Reubin Askew
EPA allows limited use of sodium cyanide for coyote control
The Environmental Protection Agency will permit government supervised use of sodium cyanide and the M-44 cyanide device to control predatory wildlife that threaten livestock. EPA Administrator Russell E. Train said the 1972 ban is modified to reduce non target deaths, with training required for private users and use limited to livestock loss areas.
MENTIONED IN THIS ARTICLE
Washington
Environmental Protection Agency
EPA
Russell E. Train
Fish and Wildlife Service
Office OF Pesticide Programs
Interior Department
Train
Drilling Rate Remains at 12-Year High in Week
A Hughes Tool Co survey released by the International Association of Drilling Contractors shows 1,704 rotary drilling rigs active in the week, matching the prior week’s total as rig counts stay above 1,700 for the third straight week. Texas leads with 640 rigs, followed by Louisiana 241, Oklahoma 175, Wyoming 109.
MENTIONED IN THIS ARTICLE
Houston
Hughes Tool Co
International Association of Drilling Contractors
Texas
Louisiana
Oklahoma
Wyoming
Great Buddha of Nara Stands as 53-Foot Bronze Giant
The world's largest bronze statue, the Great Buddha at Nara, reflects Japan's ancient capital. Cast in the eighth century, the seated figure rises 53 feet high and weighs 452 tons, a monumental emblem of historic artistry.
MENTIONED IN THIS ARTICLE
Nara
Japan
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