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Iran / Oil Supplies / Gold Prices #503174

NBC Evening News for Friday, Feb 09, 1979
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(Studio) Rise in gasoline prices said expected to continue due to crisis in Iran and cutoff of cntry.'s oil exports.
REPORTER: Jessica Savitch

(Tulsa, Oklahoma) Examination made of effects of Iranian oil supply cutoff on American oil supplies. Cutbacks in gasoline shipments to dealers by companies using Iranian oil, like Texaco, and even by those not using Iranian oil, like Cities Services (Citgo), noted. Details given about problems for Citgo, with plants in New Jersey and Lake Charles, LA. [Citgo Vice President Robert CHITWOOD - predicts gasoline shortage this summer.] Outlook given.
REPORTER: Mike Jensen

(Studio) Drop in gold prices and increase in dollar values on London market reported.
REPORTER: Jessica Savitch

Reporter(s):
Jensen, Mike;
Savitch, Jessica
Duration:
00:02:10

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