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Iraq Invasion of Kuwait / Oil Impact #130631

ABC Evening News for Wednesday, Aug 08, 1990
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(Studio: Peter Jennings) Call from President Bush to oil companies to show restraint in light of crisis noted.

(New York: Bob Jamieson) Impact of Middle East crisis on oil market and role of United States oil reserves examined; statistics given on oil loss from Iraq and Kuwait and countering production by Saudi Arabia and other nations. [Oil trader Michael WILNER - talks about oil prices.] American underground oil reserves cited. [Representative Philip SHARP - talks about leaping oil prices.] [Energy Department deputy secretary West Henson MOORE - explains role of reserve.]

Reporter(s):
Jamieson, Bob;
Jennings, Peter
Duration:
00:02:00

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