Ford Eyes Energy Financing Corp to Shield U.S. From Imports
The Ford Administration weighs a bill to form a quasi public Energy Resources Finance Corporation funded by the Treasury with up to 100 billion in loans to develop domestic energy sources. The plan envisions an independent entity with limited duration and government stock of 10 billion.
MENTIONED IN THIS ARTICLE
Washington
Ford Administration
United States
New York Times
Energy Resources Finance Corporation
Treasury Department
Rockefeller
New York
United States of America
Corporation
Treasury
William E. Simon
Morton
Cabinet Committee On Energy
Congress
House
Senate
Balloonist vows another transatlantic balloon trek attempt
Bob Sparks, 39, and hitchhiker G Hadden Wood were plucked from a sinking balloon 145 miles southeast of Nantucket after a leak ended their second solo Atlantic crossing attempt. Sparks said he will try again despite two failures, while Wood stayed with the gondola as responders returned.
MENTIONED IN THIS ARTICLE
Otis Air Force Base
Mass
Bob Sparks
Sparks
Nantucket Island
Cape Cod
Europe
Coast Guard
Maine
Newfoundland
Air Force Base
G. Hadden Wood
Wood
Greenwich
Hadden
Venezuela Takes Over Oil Industry
Venezuela's government moves to nationalize the oil sector by January 1, ordering 21 companies to hand over concessions covering 5.4 million acres and refineries with 1.6 million bpd capacity. Compensation pegged at $1.1 billion net asset value, payments via government bonds over 10 years. Sixteen are U.S. company subsidiaries including Exxon, Gulf, Texaco, Mobil, Standard of California, and Atlantic Richfield. Royal Dutch Shell and British Ultramar own others.
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Caracas
Venezuela
United States
South America
Middle East
Congress
U.S
Senate
Exxon
Gulf
Sun Oil
Texaco
Mobil
Standard of California
Atlantic Richfield
Royal Dutch Shell
British Ultramar
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Ford
David Burnham c
N.Y. Times News Service
White House
Vail
Colo
Commerce
Rogers C. B. Morton
Colorado
Secretary of the Treasury
Man
Robert Christianson
Christianson
Thomas Harris
Harden Crawford
Atlantic
Kibler
West
Winchester, Ve
Ruth C. Crum
S. Loudoun St
Bryan Stotler
Joyce Shull
Barbara Tubbeling
Velma Combs
Jennings Stotler
Cape Cool
Ejoell Stowe
Associates
Valley & Ave
Winchester
Main —Associates
Butch" Kane
Econald
Abbr
Solar System
Valley Mortgage
Montgomery Wald
Firestone
Chamber of Deputies
Carlos Andres Perez
New York Times News Service
Associated Press
San Rafael
Calif
Gloria Beale Ladd
Marin County Superior Court
John
James
Wilmington
Del
Sheila Farrell
John Bailey
Berryville
Frederick County
Stephens City
B. M. Sullivan
Rouss Ave
Jeffrey Trenary
Strosnider Realty CO
South
Loudoun
F.H.A
Delmar A Bayliss Realty Co
N. Cameron St
Virginia & W
Virginia
Shawnee Drive
G.W. Glaize, Jr
Ellie Nethers
John Gregory
Dim Anderson
H.W. Bil Butler
L.W. Riley
Ann Thompson
Ronnie Ward
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