CBS Evening News for Thursday, Nov 16, 1978
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(Studio) Report on increases in home heating oil and gasoline prices.
REPORTER: Roger Mudd
(Hicksville, New York) Incr. in home heating oil prices in Hicksville, New York, noted. [Oil distributor William KENNY III - says major oil companies are able to raise prices.] Problems due to shortages of gasoline given, using situations in Shell Oil and other service stations in Chicago, needed repairs to Shell refinery in Louisiana and fire at Conoco refinery in Denver as exs. [Conoco Vice President James BARNES - states reasons for shortage.] Potential for further increases in heating oil and gasoline outlined; effects of this on administration guidelines for wages and prices noted.
REPORTER: Ray Brady (WWL-TV newstape) (KHOU-TV newstape)
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