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Oil Oversupply #521796

NBC Evening News for Friday, Feb 12, 1982
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(Studio) Gasoline prices said going down due to oil glut.
REPORTER: John Chancellor

(NYC) Gasoline price war in Modesto Cnty., California, reported [CUSTOMERS - love gasoline price wars.] Wars in other sections of nation also reported Price drop across nation noted. Reasons for oversupply given. August, 1981, film shown of OPEC (Organization of Petroleum Exporting Countries) meeting Price cut by Iran this week cited. Continue price drop in gasoline predicted.
REPORTER: Mike Jensen (KYTV tape)

Chancellor, John;
Jensen, Mike

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