× 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

Energy Supply / Energy Department Report / OPEC / Mideast Arms Sale #258189

CBS Evening News for Monday, May 08, 1978
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) Energy Department's pessimistic report on state of United States energy product and consumption and outlook for future noted. Temporary good news in OPEC's wkend. decision to hold oil prices at present rates till end of year, at mtg. in Taif, Saudi Arabia, reported.
REPORTER: Walter Cronkite

(Taif, Saudi Arabia) Interview with Saudi Arabia oil minister Sheik Yamani shown; Yamani's statements about oil price freeze for 1978 and about proposed F-15 plane sale from United States reported [YAMANI - says if plane sale falls thru, Saudis would feel that United States doesn't appreciate Saudi actions, esp. in oil industry, but doesn't think Saudis would react against such defeat. However, would be lying to say Saudis wouldn't be bothered by this and that no one could say Saudis would continue present degree of cooperation in future. States opposition to restrictions on sale now being called for and cites position on Saudi need for weapons and friendship from United States. Says Saudis prefer to stay with United States, but there are other sources.]
REPORTER: Bob McNamara

(Studio) Admin.'s continued firm stand on package deal for plane sale to Israel, Egypt and Saudi Arabia noted. Henry Kissinger's testimony in support of pkg., with suggestions for compromise, to Senate Foreign Relations Committee reported.
REPORTER: Walter Cronkite

(DC) Kissinger's suggestions to Congress stated. [KISSINGER - thinks defeat of any part of package could have serious foreign policy consequences.] House hearings on subject reported [Representative Clarence LONG - says that each proposed sale can be recognized after progress is made in Mideast peace talks.] White House aide's statement of expected administration win in this issue mentioned.
REPORTER: Phil Jones

Reporter(s):
Cronkite, Walter;
Jones, Phil;
McNamara, Bob
Duration:
00:05:10

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.