29 Dec 1973
Page 1
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Newspaper
Wilmington News Journal
Location
Wilmington, Ohio, United States of America
Date
Dec 29, 1973
Page
1
A 1 by 3 inch sample coupon for gas rationing was displayed in Washington by the Bureau of Printing and Engraving. An AP wirephoto shows a figure of George Washington on the coupon.
Venezuela doubled its tax reference price for crude to 14.08 dollars per barrel, up from 7.74 this month and 3.11 a year ago. The move, effective January 1, could push higher fuel costs in the United States as industry officials warn consumers may bear much of the increase. Venezuela, supplying about 1.7 million barrels daily to the U S, remains a major but not sole source of American oil.
Venezuelan officials warn of higher reference price as Persian Gulf producers lift posted crude prices. The move would lift oil revenues to about $7.1 billion next year from $2.5 billion in 1973, with Canada also signaling higher export taxes to follow.
Beginning next Saturday at about 8 30 a m Boy Scouts from Wilmington troops will collect Christmas trees from residents. They ask residents not to place the trees in this week s trash collection as the scouts have a useful disposal method.
Snow and rain fell in widely scattered areas from the Dakotas and Great Lakes to Kansas Nebraska Iowa Missouri and the northern Rockies. Showers and thundershowers hit Oregon northern California and Nevada and parts of Arkansas Missouri into the Ohio Valley with colder air returning to the Atlantic coast states.
Gasoline shortages and end of month allocations threaten to shut many service stations across Columbus Cleveland and Cincinnati for the four day New Year holiday. Dealers say supplies run out by year end will force closures with 25 to 30 percent of members cutting hours Monday and Tuesday. Most stations expected to close Sunday to honor Nixon energy conservation request. some remain open where fuel is available.
E Howard Hunt and Bernard L Barker, key Watergate defendants, win release from prison to await appeals. Court orders freeing them pending decisions on their cases and sets parole hearing for January 7 for others.
A Freedom of Information suit by Ralph Nader's Tax Reform Research Group seeks court order to release Richard Nixon vice presidential papers. The group argues government ownership and improper gift formalities negate restrictions, with Nixon claiming tax deductions based on appraised value. The case could impact the legality of the gift and access to the files.
The article notes rising Kremlin jitters over detente as October Middle East war repercussions test Brezhnev’s leadership. It details two factions in the Politburo, with Suslov opposing full concessions and Kirilenko Mazurov Shelepin leaning toward Brezhnev’s line. Potential fallout could threaten peaceful coexistence.
Variable cloudiness and colder tonight and Sunday with lows 16 to 22 and highs in the low 30s. Extended outlook shows a chance of snow Monday through Wednesday, with cold temperatures highs in the 20s north and 30s south and teens at night, warming to the 20s by Wednesday.
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