Negotiators settle windfall profits tax limits for oil
House and Senate negotiators agree on overall windfall tax limits as they shape 1980s energy policy. The compromise would tax about 79 percent of a $1 trillion price rise for consumers and take roughly 49 percent of the windfall to fund relief for lower income families and alternative fuels.
MENTIONED IN THIS ARTICLE
House
Senate
Washington
al Altman
D-Ore
Congress
Russell B. Long
D-La
Conference Committee
Carter
U.S
Prices double since 1970 as inflation hits 1979 peak
Prices Americans pay rose 1 percent in November pushing the Consumer Price Index above 227.5, more than double the 1969 level. Housing costs, mortgage rates, and energy drove the gain while average earnings lagged inflation. The pace suggests a possible 13 percent yearly rise for 1979. Officials cited OPEC and housing as key factors.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Patrick Jackman
Jackman
Fed
Eral Reserve Board
Organization of Petroleum Exporting Countries
OPEC
Venezuela
Commerce Department
Congress Approves 1.5 Billion Chrysler Bailout Plan
Congress rushed to aid Chrysler with 1.5 billion in guaranteed loans, the largest federal bailout to date. The four year 3.5 billion public private financing plan cleared by House and Senate now heads to President Carter for signature. UAW warned wage concessions were insufficient. Chrysler workers must forego 462.5 million over three years to avoid bankruptcy.
MENTIONED IN THIS ARTICLE
Washington
Congress
Chrysler Corp
U.S
House
Senate
Carter
Illinois
Charles H. Percy
Adlai Stevenson
Sen
William
Armstrong
R-Colo
Lockheed
Chrysler
National Transportation Safety Board blames 191 crash on engine mount crack
The National Transportation Safety Board ruled that American Airlines Flight 191 crash near Chicago O'Hare was caused by a 10 inch crack in an engine mount. It faulted maintenance by American Airlines as the major cause while sharing blame with McDonnell Douglas Corp and the FAA.
MENTIONED IN THIS ARTICLE
Washington
National Transportation Safety Board
Chicago
American Airlines
U.S
McDonnell Douglas Corp
Federal Aviation Administration
American Airlines Flight
O'Hare International Airport
Ma Bell seeks rate hike in Illinois to boost revenue
Illinois Bell Telephone Co. asks the Illinois Commerce Commission for permission to raise rates for nearly all services. The move could add 201 million dollars in revenue, a seven percent uplift, with about 70 percent from optional services and equipment and 30 percent from basic service charges.
MENTIONED IN THIS ARTICLE
Chicago
Illinois Bell Telephone Co
Illinois Commerce Commission
Sweeteners boost bladder cancer risk says government report
A National Cancer Institute release warns heavy users of saccharin or cyclamate, smokers or non, that these sweeteners act as weak carcinogens and significantly increase bladder cancer risk. The Thursday report characterizes saccharin and cyclamate as enhancing the odds of bladder cancer.
MENTIONED IN THIS ARTICLE
Washington
National Cancer Institute
Logan College to close over holidays energy cutback
John A. Logan College will shut down during the holiday break through January 2 as an energy conservation measure. President Robert E. Tarvin said heat will be reduced in all facilities to align with President Carter's energy saving requests.
MENTIONED IN THIS ARTICLE
John A. Logan College
Robert E. Tarvin
Carter
Tarvin
Plumbing and electrical count at center
Fragmentary notes list 12 2 gauge wiring accessories including Romex, clamps, fuse boxes, vent fans, a toilet, tub and shower components, medicine cabinet and related plumbing electrical counts.
Also Mentioned on This Page
Ahad
Cme Ee Ee
Snyder
Citi
Iens Committee
John M. Snyder
Citizens Committee For the Right
ARMS
Santa
UAW
Howard Young
Douglas Fraser
Ma Bell
Logan
Southern Ilinoisan
Carbondale
Ill
16Th
Herrin
Murphysboro
Southern Illinoisan
Carbondale Free Press
Herrin Daily Journal
Murphysboro Independent
Marion
W. Monroe Herrin
Ways ‘Til Christman
Downt Murphys
Olga
Olgalon
Zwick’s
North Park
Naturelle
Chrismas
Huick
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