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Money Matters: Trade Deficit, Oil Prices, Stock Market #101370

ABC Evening News for Wednesday, Mar 12, 1986
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(Studio: Ted Koppel) 1985 United States foreign trade deficit reported Contd. drop in oil prices noted.

(Kilgore, Texas: Charles Murphy) Impact on Texas economy of international oil price drop explained, discussed; scenes shown. [Governor Mark WHITE - comments.] [Oil worker Clayton WILLIAMS, Junior - describes his company's situation.] [Johnny LEWIS - comments.] [State comptroller Bob BULLOCK - predicts major econ. problems for Texas.] [Newspaper publisher James ROBERTS - feels Texas is being gored.]

(NYC: Dan Cordtz) Oil price drop's impact on consumers examined; scenes shown. [DRIVER - praises gasoline prices.] [K&R Delivery Incorporated pres. David GERSTEIN - notes consumer benefits from his lower costs.] Specific goods linked to petroleum considered. [Econ. Jack WOLFMAN - predicts year's inflation rate.]

(Studio: Ted Koppel) Stk. Mkt. Report

Reporter(s):
Cordtz, Dan;
Koppel, Ted;
Murphy, Charles
Duration:
00:04:30

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