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Oil Industry / OPEC Meeting / Jablonski #249087

CBS Evening News for Sunday, Oct 23, 1977
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(Studio) OPEC (Organization of Petroleum Exporting Countries) ntns. to meet just before Christmas and according to Saudi Arabia foreign minister, prince Saud al-Faisal,there will be price hike. Faisal is on CBS News broadcast "Face the Nation." (Film shown.) [FAISAL - thinks some increase justified, but that it should be done on level with consideration of impact on international economy] Woman from New York is expert on oil.
REPORTER: Morton Dean

(New York City) Wanda Jablonski publishes "Petroleum Intelligence Weekly"; isn't well-known generally, but in oil industry she is, by such people as president of Mobil or by Shiek Ahmed Zaki Yamani. At party for oil experts at UN, she conts. to glean information [JABLONSKI - asks for pencil to write notes.] Despite occasional disputes with oil execs., paper is must reading for those in Singapore, Houston, Saudi Arabia and Peking. [JABLONSKI - describes self as impossible to work for; tells how she likes paper done.] [Esso Mid. East president Charles HEDLAND - thinks PIW is usually more accurate than general press.] Background on Jablonski ` s expertise in oil cited; as far back as 1950's, she was saying United States was becoming too dependent on foreign oil. [JABLONSKI - notes OPEC (Organization of Petroleum Exporting Countries) leaders agree that United States too dependent on them.] She gets angry when company buys one subscription to PIW, then makes many copies. [JABLONSKI - says paper doesn't need one big source, but continuing knowledge.]
REPORTER: Steve Young

Reporter(s):
Dean, Morton;
Young, Steve
Duration:
00:04:00

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