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Oil Prices / State Economics #306544

CBS Evening News for Friday, Jan 24, 1986
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(Studio: Bob Schieffer) International oil prices said stabilizing somewhat today; potential effect on consumers cited.

(Oklahoma City, Oklahoma: Martha Teichner) Impact of falling oil prices on econs. of some states explained, discussed. [Oil equipment dealer John CASSIDY - considers himself an oil field undertaker; explains.] [Econ. Alexander HOLMES - describes Oklahoma's dependence on minimum oil price.] Losses of oil producing states listed on screen. [Governor George NIGH - is frustrated by outside factors controlling his state's economy] [Energy consultant Ed VETTER - responds.] [NIGH - cites costs involved in reopening closed wells, refineries.] [MAN - describes town's death.]

Schieffer, Bob;
Teichner, Martha

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