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(Studio) Oil price increase from OPEC (Organization of Petroleum Exporting Countries) meeting in Geneva said still expected. Energy noted major topic at upcoming Tokyo economy summit, with American and European energy plans to be considered. United States President's reaction to comments by French President described.
REPORTER: Frank Reynolds
(Tokyo, Japan) President Carter's restatement of goal of summit, at town mtg. in Shimoda, Japan, reported [CARTER - comments.] American energy plan detailed; said favored by Japan Prime Min. Ohira, Italy Premier Andreotti Canada Prime Min. Joe Clark. European plan detailed; said supported by West German Chancellor Schmidt and British Prime Min. Thatcher. French President Valery Giscard D'Estaing's comments with regard to oil situation in US, given in "Newsweek" magazine interview, quoted; Carter reaction described. Giscard's apparent plans to support American plan at summit stated.
REPORTER: Sam Donaldson
- Donaldson, Sam;
- Reynolds, Frank
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