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Iraq Invasion of Kuwait / Oil #130619

ABC Evening News for Tuesday, Aug 07, 1990
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(Studio: Peter Jennings) Report introduced.

(Chicago: Chris Bury) Ripple effect of oil crisis featured; details given of Northwest and Pan Am's air fare increases and of other industries that have raised, or will raise, prices. [PASSENGER - comments.] [Manufacturers Hanover economist Irwin KELLNER - explains what prices will go up.] [TRUCKER, food wholesaler Sam DEDIO - comment.]

(Studio: Peter Jennings) Report introduced.

(No location given: Al Dale) Problem of replacing imported oil from US oil reserves addressed. [Conoco oil economist John SAUER - talks about shortage of oil workers.] [Independent oil producer Julian MARTIN - says it will be a while before there is interest in new domestic oil projects.] Presence of oil in environmentally protected areas noted.

Bury, Chris;
Dale, Al;
Jennings, Peter

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