OPEC hints 1979 oil price up to 10 percent
At Abu Dhabi OPEC ministers signal a 10 percent average rise for 1979 with an initial 5 percent hike on January 1. The plan envisages quarterly smaller increases, raising the yearly average and boosting national revenues while sparking concern over global economic impact.
MENTIONED IN THIS ARTICLE
OPEC
Abu Dhabi
United Arab Emirates
Organization of Petroleum Exporting Countries
Valentin Hernandez-Acosta
Venezuela
Middle East Economic Survey
Iraq
Libya
Kuwait
Saudi Arabia
Oil Journal
Sheik Ahmed Zaki Yamani
Yamani
Driver to be arraigned for negligent homicide in ammonia crash
Alexander Preston of New Orleans faces three counts of negligent homicide after a tank truck hit a freight train at a crossing, releasing a mile long ammonia cloud. Three people died and 35 were injured with 15 hospitalized. Preston held on 250000 dollars bond as arraignment loomed.
MENTIONED IN THIS ARTICLE
Boutte
UPI
Alexander Preston
New Orleans
Southern Pacific
Preston
St. Charles Parish
Ben Pelot
Sheriff’s Department
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