× The Vanderbilt Television News Archive is currently closed to in-person research. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Economy and Energy #64740

ABC Evening News for Thursday, Mar 27, 1980
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Largest monthly trade deficit in history reported; Senator said approving windfall profits tax legislature Rel. of oil imports to trade deficit and goal of windfall profits tax outlined.
REPORTER: Frank Reynolds

(DC) President Carter's lifting of price freeze on crude oil last year recalled; object of move outlined on screen. Senator fight over issue noted; positions of Senators Henry Bellmon, Robert Dole and Robert Byrd quoted. [DOLE - comments.] Allocation of windfall profits tax outlined on screen. [BYRD, Russell LONG, CARTER - talk on telephone about passage of legislature] Press Secretary Jody Powell quoted on screen with regard to House subcommittee vote; Council on Wage and Price Stability said asking companies to delay planned price increases until the 3rd quarter Treasury Secretary G. William Miller quoted. [MILLER - comments.]
REPORTER: Sam Donaldson Artist: Freda Reiter

(Studio) Incr. in price of foreign oil over past year noted; further increases announced today by Kuwait and Iran. Details given.
REPORTER: Frank Reynolds

Donaldson, Sam;
Reynolds, Frank

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.