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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Mar 17, 1980

Page

7

Gulf Oil, union near deal end 10 week walkout

Denver based Gulf Oil Co and the Oil Chemical and Atomic Workers Union are close to resolving a language dispute in a management contract proposal that could end the 10 week strike. OCAW meetings in four cities will review revised language and wage and benefit terms, with a union news conference planned at Denver union headquarters.

Denver UPI Gulf Oil Co Oil, Chemical and Atomic Workers Union Gulf OCAW Gulf Qi Co Robert Goss Gross Houston Jerry Archuleta Port Arthur Texas Cincinnati Toledo Santa Fe Springs Calif National Oil Hovals

Inflation goal and pain foretold in Carter plan remarks

Treasury Secretary Miller seeks to cut inflation to 11 percent this year, calling it strong medicine as the Carter administration unveils fiscal cuts and tighter credit. Federal Reserve Chair Volcker warns relief will take time while warning lenders to curb credit. Senator Proxmire urges deeper cuts and elimination of a federal agency amid inflation pressure.

Washington UPI Treasury G. William Miller Miller Carter CBS Federal Reserve Board Paul Volcker Volcker Federal Reserve Fed William Proxmire D-Wis Washington Post Proxmire

Foreign investment in U S to grow during 1980s study

A Hill and Knowlton study concludes foreign investment in the United States will remain strong through the 1980s, aided by a weak dollar, lower taxes, and state incentives. It notes rising Sun Belt interest, Europe and Latin America expanding, and that regulatory complexity and labor rules pose the biggest headaches for foreign investors.

U. S United States Hill and Knowlton U.S Japan Europe Latin America Middle East Canada Hill Knowlton Shell

Ohio oil marketers deny big lie in price talk

Roger Dreyer executive director of the Ohio Petroleum Marketers Association accuses leaders in Washington and the media of peddling a big lie that oil companies profiteer while denying a genuine oil shortage. He condemns a proposed windfall tax as shifting wealth to the federal sector and harming domestic production.

Columbus UPI Ohio Petroleum Marketers Association Congress Hitler Roger Dreyer America Dreyer White House

Market declines after Carter anti inflation plan speech

New York stocks fell in early trading as Carter announced new budget balancing and credit restraining measures plus an import fee on gasoline. The Dow dropped 7.42 to 304.27 as losses led gains 5-3 on the NYSE with oil stocks mostly lower and gold prices down while the dollar strengthened. Analysts cite recession fears and a credit crunch ahead, noting prices have slid for five weeks. Gulf Oil, Conoco and Standard Oil of California declined on the session.

New York Carter New York Stock Exchange Gulf Oil Conoco Standard Oil of California

Carter's aid plan triggers gold drop and dollar surge

Gold fell below 500 an ounce as Carter's anti inflation package boosted the dollar on European and Tokyo markets. London opened at 482.50, slid to 480, Zurich opened 482, while the pound weakened below 2.2 to the dollar in early trading amid demand declines and credit squeeze expectations.

London UPI U.S Carter European Tokyo Zurich Barclays Bank International

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