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United States Oil and Natural Gas Supply / Iran / Mexico #262380

CBS Evening News for Tuesday, Feb 06, 1979
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(Studio) Halt in Iranian oil flow to United States noted to have prompted memo from President Carter to federal agencies with regard to energy conservation. United States hopes for supplies of natural gas from Mexico to replace that lost in Iranian imports reported; problem said to have developed.
REPORTER: Roger Mudd

(Mexico) Earlier plans for pipeline to carry natural gas, now being burned off in Mexican oil fields, to United States noted. Dvt. of problem in plans due to United States refusal to pay Mexico's requested price, tied to OPEC (Organization of Petroleum Exporting Countries) price for fuel oil, reported State-owned Mexican oil company Pemex's reaction stated; its search for other ways to use gas mentioned. [Pemex spokesperson Jorge Diaz SERRANO - comments.] Contd. building of pipeline to link south Mexico gas fields with United States in Texas, though rerouted through Mexican industry city of Monterey where Mexicans say gas can be used, cited. Presumption that United States has upper hand in negotiations at present noted; reasons given. Film of President Carter, January 17, 1979, shown. [CARTER - comments on situation.] President's upcoming trip to Mexico mentioned.
REPORTER: Eric Engberg

Reporter(s):
Engberg, Eric;
Mudd, Roger
Duration:
00:03:00

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