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Oil Consumers' Conference #475095

NBC Evening News for Monday, Feb 11, 1974
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(Studio) 13 oil-consuming cntrys. meet in Washington, DC to discuss energy crisis. Secretary State Henry Kissinger urges cntrys. to unite against oil-producing cntrys.' high prices. Conf. denounced by several Arab govts. United States and Common Mkt. in Japan call for meeting between oil producers and consumers.
REPORTER: John Chancellor

(DC) Iraq and French foreign minister Michel Jobert criticize conference meeting in DC without oil producers; say United Nations should have held meeting Compromise may be worked out.
REPORTER: Richard Valeriani

(DC) If cntrys. can't work together, problem of high oil prices won't be solved. [Federal energy administration William SIMON - states oil prices to cause economy damage to cntrys. of world.) Cntrys. to experience trade deficit in `74 most likely. Exs. given. United States hopes consuming cntrys. will request oil producers lower prices or suffer effects of economy crisis with rest of world.
REPORTER: Irving R. Levine

(Studio) United States, Japan and West Europe to pay 4 times as much for oil this year compared to `73. Libya to ntlize. 3 American oil companies as protest against oil conference Saudi Arabia and Kuwait criticize oil conference also.
REPORTER: John Chancellor

Reporter(s):
Chancellor, John;
Levine, Irving R.;
Valeriani, Richard
Duration:
00:04:50

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