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A Closer Look (Pumped Up: Oil Prices) #188986

ABC Evening News for Wednesday, Jan 26, 2000
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(Studio: Peter Jennings) The rise in oil prices over the last year noted.

(New York: Bob Jamieson) The jump in heating oil prices due to OPEC policies examined; statistics cited. [Homeowner Carol CARRERE - complains about fuel prices.] [Energy Security Analysis Agency Sarah EMERSON - says the cold weather spiked the oil prices.] [Oil heat customer Robert ENGLISH - complains.]

(Studio: Peter Jennings) Many products using oil listed.

(Atlanta: Erin Hayes) The reasons why a rise in oil prices has less impact than in the 1970s reviewed; examples cited of how industries now rely less on oil. [Three MOTORISTS - downplay gasoline prices.] [John Hancock Financial Services William CHENEY - says we are less dependent on oil.] [US Steel Ken MILLS - cites fuel alternatives.] [Honeywell, Incorporated, petroleum analyst Alan STRUTH - comments on the economy.]

(Studio: Peter Jennings) Further coverage of the fuel story on ABCNews.com noted.

Reporter(s):
Hayes, Erin;
Jamieson, Bob;
Jennings, Peter
Duration:
00:05:30

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