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Southern Illinoisan in Carbondale, Illinois

07 Mar 1982

Page 8

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Southern Illinoisan March 7, 1982 Page 8 old newspaper archives

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Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Mar 07, 1982

Page

8

Gas price wars comeback fuelled by lower demand

Rex Parker's 96.9 cent price at a St. Louis station sparks a rapid jump in sales as gas wars resurface nationwide. Dealers slash prices to stay in business amid falling demand, with regular unleaded dipping to 88.9 cents in some areas.

MENTIONED IN THIS ARTICLE

Associated Press Rex Parker St. Louis Parker Charles Shipley Michigan Service Station Dealers Association Paul Dennis Union Oil Co California Union
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OPEC calls emergency session to cut production

OPEC will hold an emergency Vienna meeting on March 19 to press for output reductions amid plunging prices. President Mana Saeed Oteiba said the group aims to cut total daily production to below 18.5 million barrels, as Britain slashed North Sea oil prices by 4 dollars per barrel, signaling a broader price drop.

MENTIONED IN THIS ARTICLE

OPEC Vienna U.S Austria Saudi Arabia Hamid Zaheri Organization of Petroleum Exporting Countries Britain North Sea Mana Saeed Oteiba United Arab Emirates Abu Dhabi Oteiba
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Also Mentioned on This Page

Chicago Aaa-Chicago Motor Club Dan Lundberg Lundberg Letter Tom Burns Standard Oil Co United States International Energy Agency Road Information Program Reagan Students & SR AMC Universi Mall Gene Siskel Chicago Tribune Guy Flatley Cosmopolitan Twentieth Century-Fox Arthur Hiller Michael Ontkean Kate Jackson Harry Hamlin Sylvia Kristel Hoyward Hesseman Eric Brown Ibmuc Helene Curtis Jcpenney J.C. Penney Company. Inc Isity
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