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Arab Oil Countries / Oil Policy #479010

NBC Evening News for Tuesday, Sep 24, 1974
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(Studio) Warning against Arab oil cntrys.' high prices contains at least threat of military action by industrialized world.
REPORTER: John Chancellor

(DC) Speeches of Secretary of State Henry Kissinger, Treasury Secretary William Simon and President Ford all reflect desperation felt by growing deficit caused by high oil prices. Oil policy strategy outlined.
REPORTER: Irving R. Levine

(Studio) Reaction to American policy strong from Arab oil-producing cntrys.
REPORTER: John Chancellor

(Chicago, Illinois) [Saudi Arabian oil minister Sheik Ahmed YAMANI - warns against mil. intervention to secure oil supplies. Suspected intervention to cause oil production cuts.] Yamani believes President Ford seeking peaceful solution to world oil policies. Yamani cautions United States not tell Arab cntrys. how to manage their resources.
REPORTER: Rebecca Bell

(Studio) Strongest reaction comes from Venezuela's president: details given.
REPORTER: John Chancellor

Bell, Rebecca;
Chancellor, John;
Levine, Irving R.

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