Search the Archive

Oil Prices #309115

CBS Evening News for Tuesday, Apr 01, 1986
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: Dan Rather) Report introduced

(London, England: Tom Fenton) Contd. drop in international oil prices and current role of oil traders in setting prices examined. [International Petroleum Exchange spokesperson Peter WILDBLOOD - can't predict industry's future.] Impact on USSR 's oil industry and Mikhail Gorbachev's plans for expansion and implications for other cntrys. discussed. [Analyst Mehdi VARZI - cites possibility OPEC will be in state of limbo temporarily.]

(Studio: Dan Rather) Vice President George Bush said planning trip to Saudi Arabia claiming oil price drop is threatening United States economy Current benefits being experienced by United States consumers detailed. [TRUCKERS - praise situation.] [Econ. analyst Larry DOMBROWSKI - cites effect on agriculture sector in general] Specific impact on United States oil producers considered. [Lobbyist Harry SPANNAUS - criticizes administration's attitude.] [Job fair organization Larry GENTRY - explains organization fair.] [Banker John CHAISTY - expects another energy crisis in US; explains; cites cntry.'s dependence on oil.]

Fenton, Tom;
Rather, Dan

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.