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Oil Prices / Stock Market #306478

CBS Evening News for Tuesday, Jan 21, 1986
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(Studio: Dan Rather) White House reaction to drop in international oil prices described.

(NYC: Ray Brady) Factors underlying crude oil price fall and oil company stk. activity examined; scenes shown. [Trader Michel MARKS - considers it a market collapse. Oil price drop in recent weeks graphed on screen; implications for consumer cited. [PEOPLE - comment on gasoline prices.] [John TAFARO - predicts further gasoline price drops.] Stk. Mkt. Report Background to current situation and OPEC's role reviewed. [MARKS - cites OPEC's lack of control now.]

Brady, Ray;
Rather, Dan

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