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OPEC Conference #300072

CBS Evening News for Monday, Jan 28, 1985
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(Studio) Indications of division within OPEC, with United Arab Emirates' temporary walkout from current conf., noted; cartel said discussing possibility of lowering its oil prices.
REPORTER: Dan Rather

(Los Angeles, California) Rel. between OPEC (Organization of Petroleum Exporting Countries) prices and United States inflation rate explained, discussed; current gasoline prices in United States cited as example [Petroleum analyst Dan LUNDBERG - considers situation extraordinary.] [Dealers Cal RADWAN, George CHRISTIE - lament falling prices.] Factors underlying decrease prices outlined. [PEOPLE - praise price drop.] [LUNDBERG - anticipates continued price erosion.]

Dow, David;
Rather, Dan

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