Researchers dispute forecast for OPEC price increases
Washington observers challenge Brookings projections that OPEC will push prices higher in the 1990s. They argue OPEC will curb prices only if demand meets capacity limits, noting a January cut to 15.8 million barrels daily for six months and a fixed price baseline around 18 dollars.
MENTIONED IN THIS ARTICLE
Washington
Organization of Petroleum Exporting Countries
OPEC
Brookings
Brookings Institution
Dermot Gately
New York University
Gately
American Petroleum Institute
Morris A. Adelman
Massachusetts Institute of Technology
James M. Griffin
Texas A&m University
West
Adelman
Government posts $27 billion monthly budget deficit
The Treasury reports a $27 billion deficit for last month, down 19.1 percent from November 1985. For the year to date, spending exceeds revenue by $52.26 billion, 13.6 percent below the pace of the prior year. The Reagan administration projects a $143.9 billion deficit for the year, acknowledging a possible $163 billion outcome.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Gas prices hold steady as pump wars intensify
Los Angeles reports show nationwide gasoline prices remained nearly unchanged from two weeks ago amid aggressive retail price cutting. Trilby Lundberg notes street competition limits pass through to customers, with holidays not driving spikes, while gas averaged 84.9 cents across grades and 1.07 dollars at full service.
MENTIONED IN THIS ARTICLE
Los Angeles
Trilby Lundberg
Lundberg
Jobless rate and wage cuts tied to poverty rise says study
A Joint Economic Committee staff study credits high unemployment and wage declines for the 7 million rise in poverty since 1979, disputing claims that teen pregnancy or single parent families drive most of the increase. It notes married couples account for 44.9 percent of new poor, single female-headed households 31.5 percent, with unemployment averaging 5.8 percent in 1979, 9.5 percent in 1983, and about 7 percent later.
MENTIONED IN THIS ARTICLE
Washington
Joint Economic Committee
Conservative
Heritage Founda
Lorain County Realtors Install New President
Sandra Lambert of Miller Bishop and Associates Avon Lake was installed as president of the Lorain County Board of Realtors. Alec Hagerty is president elect Howard Goldberg vice president and Tania Kegyes treasurer. Six directors Dennie Edwards Walter Lundberg Louise Woehrle Robert Demby Ronald McKenzie Pamela Turchan join the board.
MENTIONED IN THIS ARTICLE
Elyria
Sandra Lambert
Miller Bishop and Associates
Avon Lake
Lorain County
Dennie Edwards
HGM Hilltop
Walter Lundberg
Lundberg Realtors
Louise Woehrle
Home Mark Realty
Vermilion
Robert Demby
Demby Inc
Ronald McKenzie
Lehman Johnson
Amherst
Pamela Turchan
James Realty
Also Mentioned on This Page
Saudi Arabia
New York
NYSE
Motorla
At&t
Amoco
PhilPel
Poland
Rowan
Royld
Ryder
Mo Chase
Sears
Exxon
Ford
Hanwell
Oh Central Bancorp
Intris
CPC Inter Inc
Rotunda
GRU
Emerson Kmart
First Bancorp
KerrMc
Withy Fruehauf
Kraft
Att Goodrich At
IC Industries
Llery
Lear Siegler
LCB Bancorp
Larate
NB Bancorp
Lockhol
2BOo+ Me
Lesco Inc
LaLande Bau
Nordson
Marions
bin Hig Edison
Parker Hannifin
Treasury Department
Northern Freedom
Lorain County Realtors
Brandau Jewelers
Broad St
Bryant
Lorain
Cleveland
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