House votes to remove gasoline tax from energy bill
The Democrat led House cut out all gasoline tax provisions from the energy package in a 209 to 187 vote. The initial move lowered a proposed 23 cent tax to three cents before full removal, tying conservatives’ protest to the fate of broader energy measures and signaling ongoing policy tensions with the White House.
MENTIONED IN THIS ARTICLE
Washington
UPI
House
Ways and Means
Thomas P. O'Neill
Congress
Bill Alexander
al Ullman
D-Ore
James C. Corman
D-Calif
Ullman
Senate
White House
Ford
Organization of Petroleum Exporting
Rep
Donald M. Fraser
D-Minn
OPEC Considers Oil Price Hike and Gas Tying
The 13 nation group voted to raise oil prices next fall possibly up to 30 percent and to tie natural gas prices to oil. They planned to readjust on Oct 1, move to Special Drawing Rights for pricing, and not quote in dollars. The decision hinges on inflation and the next Vienna meeting.
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Libreville
Gabon
UPI
World Oil Cartel
OPEC
U.S
Iranian National Bank
Mohammed Yeganeh
Washington
Charles A. Vanik
Ohio
America
Free World
Vanik
United States
Saudi Arabia
Vienna
Jobless rolls dip below six million in weekly data
Labor Department reported 5,765,300 people drew unemployment benefits in the week ended May 24, the lowest since February 15, with initial claims dropping 15,400 to 412,700. Penn Central idled 1,200 workers in Altoona and Philadelphia, though 550 Altoona jobs could be saved with $65 million in federal aid.
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Chrysler
Labor Department
Penn Central Transportation Co
Altoona
Philadelphia
Walter Winston
First National City Bank of New York
Rockefeller Commission findings spark call for fuller probe
Washington reports say initial Rockefeller Commission evidence suggests a broader inquiry is needed into plots to kill foreign leaders. Senator Church cautions against assuming a cover up while noting the commission lacked subpoena power and time. Justice Dept lawyers study possible prosecutions for CIA activities and statute limits. President Ford plans to seek quick comments from state defense treasury and the attorney general.
MENTIONED IN THIS ARTICLE
Washington
Rockefeller Commission
Frank Church
D-Idaho
Senate Committee
Church
Commission
Justice Dept
Central Intelligence Agency
CIA
Rockefeller
Ron Nelsen
Ford
Secretaries of State, Defense and Treasury
Senate approves Hathaway as Interior Secretary
The Senate confirmed President Ford's nomination of former Wyoming Gov. Stanley K. Hathaway as Interior Secretary by a 60 to 36 vote amid environmentalist opposition. Earlier, a motion to send the nomination back for further hearings failed 54 to 40, with critics citing Hathaway's stance on strip mining.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate
Ford
Wyoming
Stanley K. Hathaway
Hathaway
Sen
Edmund S. Muskie
Maine
Senate Interior Committee
Muskie
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R-Ore
Penn Central Railroad
DOW Jones
N.Y. Times News Service
Hathaway Post
Henry M. Jackson
D-Wash
Interior Committee
Stanley