South Viet Nam Moves Naval Power Over Oil Rig Dispute
South Vietnam advances a naval task force into the Gulf of Thailand and warns it will seize and dismantle an American owned oil rig unless moved within 10 days. The note to Cambodia cites a midnight deadline and outlines the rig’s ownership by a French state oil company and Exxon. The report also notes patrols around Wai Island and Phu Quoc while regional clashes intensify in Southeast Asia.
MENTIONED IN THIS ARTICLE
Saigon
UPI
South Vietnam
Gulf of Thailand
Singapore
Exxon Corp
Wai Jain
Gulf of Thaiand
Ream
Ha Tien
Phu Quoc Island
Wai Island
China
Paracel Islands
South China Sea
Pechen Consortim
Hie
Vietnam
OPEC Talks Pursue Cut in Oil Output to Maintain Price
Advisers to major oil exporters ended sixth day of talks in agreement to urge governments to cut crude production to keep prices high. They proposed freezing crude at 41.60 a barrel through year end 1974 and urged OPEC members to reduce output to prevent a glut. OPEC Secretary General Abderrahman Khene said no recommendations would be announced until ministers report next week.
MENTIONED IN THIS ARTICLE
Vlenna
GPI
Organization of Petroleum Fxporting Countries
OPEC
Abderrahman Khene
Abu Dhabi
Iran
Saudi Arabia
Pentagon wastes $57 million on interservice missile duplication
GAO reports the Pentagon wasted up to $57 million as Army Navy and Air Force separately developed laser guided missiles and scatterable land mines. The watchdog urges tighter coordination and joint development with mandatory reviews to prevent duplication.
MENTIONED IN THIS ARTICLE
Wastngton
Pentagon
Lie General Recoming
GAO
Congress
Les Aspin
D-Wis
Aspin
Army
Navy
Air Force
Ford signs bills to harness solar geothermal energy
President Ford signed bills to expand energy use from solar power and earth heat. The Solar Heating and Cooling Demonstration Act of 1974 creates a testing program with HUD and NASA receiving 5 million this year and 50 million over the next four years. The Geothermal Energy research act creates a government management group to advance geothermal resources. Ford also amended the Youth Conservation Corps Act to widen grants for summer work programs for 15 to 18 year olds in national parks. He voiced concerns about 64 million annual cost but endorsed the measure as compatible with the 1978 budget. A tobacco marketing quotas bill was also signed to discourage non supported tobacco production and allocate quotas in compliant areas.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Department of Trousing and Urban Development
National Aeronautics and Space Administration
Youth Conservation Corps
Departments of Interior and Agriculture
Fixers for Your Problems in Classifieds Service Columns
In the service columns of the classified ads, buyers can find fixers for common problems. The compact listing highlights skilled workers offering repairs, maintenance, and practical services. Readers are urged to compare rates and verify credentials before hiring.
Also Mentioned on This Page
Gulf
By Alan Dawson
Thia Thing
Gimbodia
Phnom Penh
By John Lawton
Algeria
Ecuador
Indonesia
Iraq
Kuwait
Libya
Nigeria
Qatar
Venectula
Saga
Oil Company
Woody’s
Cate
Secretary of Defense
James R. Schlesinger
Jcpenney
Downey
Lakewood
Warolow RD. Co
American Mobile Radio
Hamilton Beach
Long Beach
Torrance
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