× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

New Oil Source Search #233451

CBS Evening News for Tuesday, Mar 19, 1974
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Since oil embargo lifted, search for new oil sources won't be discontinued
REPORTER: Walter Cronkite

(Midland, Texas) Old oil hands predict boom times again; oil rigs move into area daily. [Independent oil operator Max CHRISTENSEN - believes oil boom to affect economy favorably, but unknown if oil man to get rich.] Midland economy expects to boom. Element of uncertainty surrounds rejuvenated search for black gold. [Adobe Oil Corporation president B.J. "Joe" PEVEHOUSE - says consumer must learn to live with 50c. gallon gasoline.] Questioned about possible government interference. [PEVEHOUSE - admits oil companies would have to learn to live with it, but economy to suffer.]
REPORTER: David Dick

Cronkite, Walter;
Dick, David

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.