This program is 26 minutes long
#334803
(Studio: Dan Rather) Report introduced.
(Washington: Deborah Potter) Rise in oil prices despite President Bush's decision to sell some of the United States strategic oil reserve featured; scenes shown of oil trading. [Hilltop Michael WILNER - comments.] [Energy Secretary James WATKINS - comments on Bush's actions and oil market.] [Representatives Billy TAUZIN, Philip SHARP - criticize administration's actions.] Refusal of United States allies in Persian Gulf crisis to open their oil reserves noted. [Institution for International Economics Philip VERLEGER - comments.]
(Studio: Dan Rather) Findings of CBS News poll about perception of oil profiteering due to Persian Gulf crisis noted. Report introduced.
(New York: Ray Brady) Reasons for high gasoline prices examined; details given of charges that big oil companies are squeezing independent gasoline dealers. [Independent gasoline dealer in Arlington, Texas, Homer McGINNISS, independent gas station owner Ken GREENE - talk about the business.] Shrinking number of gasoline stations outlined on screen. [Chevron USA, Incorporated, pricing manager Jim HUCCABY, McGINNISS - talk about independents.]
#334804
(Studio: Dan Rather) Bank of Boston reported announcing dividend cuts and worker layoffs. FDIC (Federal Deposit Insurance Corporation) reported ordering banks to pay more into the FDIC (Federal Deposit Insurance Corporation) fund which insures bank deposits because of more bank failures. Report introduced.
(Denver: Terence Smith) Investigation into conflict of interest charges against president's son Neil Bush for his role with Silverado savings and loan in Denver featured; scenes shown; details given of Bush's role as a go-between for Denver developers Bill Walters and Kenneth Good. [On July 10, BUSH - says he did nothing wrong.] [University of Colorado Ed CONRY - comments.] Government lawsuit against Silverado mentioned. (Artist: Don Juhlin)
#334805
(Studio: Dan Rather) Continued budget negotiations between representative of Congress and administration reported; scenes shown from meeting; details given of likely areas of compromise.
#334806
(Studio: Dan Rather) Report introduced.
(San Francisco: Jerry Bowen) Hostage siege near University of California at Berkeley featured; scenes shown from site; details given of incident in which deranged gunman Mehrdad Dashti opened fire in bar before he was eventually killed by police. [Hostages Douglas MOORE, Darren FRYTAG - comment on man's demand.] [Dashti roommate Fred SMITH - talks about Dashti's guns.]
#334809
(Studio: Dan Rather) Lowering of request from President Bush on amount of arms to be sold to Saudi Arabia reported.
#334810
(Studio: Dan Rather) Report introduced.
(Pentagon: David Martin) United States Navy's challenges and boardings in waters around Persian Gulf as part of embargo against Iraq featured; scenes shown from Defense Department video; details given of confrontation in Red Sea between frigate Elmer Montgomery and Iraqi tanker. [Pentagon spokesman Pete WILLIAMS - describes incident.] [Yesterday, Secretary of Defense Dick CHENEY - says impact of sanctions on Iraqi President Saddam Hussein's economy may lead him to use military force.] Scenes shown of Navy's boarding of Panamanian tanker Baltic Mermaid in Red Sea on September 15.
(Studio: Dan Rather) Clarification by Iraq about its warning to diplomats sheltering foreigners in Baghdad reported. Hussein's government noted ordering Kuwaitis to apply for Iraqi citizenship. Appearance of Emir of Kuwait Jaber al-Ahmed al-Sabah at United Nations shown.
#334811
(Studio: Dan Rather) Restoration of diplomatic relations between Great Britain and Iran that were broken off last year when Ayatollah Ruholla Khomeini called for death of British author Salman Rushdie reported.
#334814
(Studio: Dan Rather) Senate Judiciary Committee reported approving David Souter's nomination to the Supreme Court with only Senator Edward Kennedy voting no; scenes shown from Capitol Hill.
#334815
(Studio: Dan Rather) Illness affecting naturalist Charles Darwin recalled. Report introduced.
(Charlotte: Susan Spencer) Debilitating disease of chronic fatigue syndrome (CFS) examined; scenes shown. [Mark IVERSON - describes his symptoms.] [Physician Dr. Paul CHENEY - comments.] [Victim Sherry STOCKTON - comments.] [University of California, San Francisco Dr. Jay LEVY - says a new virus is causing syndrome.] [Chronic fatigue specialist Dr. Carol JESSOP - describes how illness works.] Problems in diagnosing and treating CFS outlined. [Patient Denise FISHER - comments on her frustrations.]
#334816
(Studio: Dan Rather) Judge reported awarding temporary custody of baby born to surrogate mother to genetic parents; scenes shown from courtroom in Santa Ana, California.
#334817
(Studio: Dan Rather) Finding on Pacific Ocean floor of cargo door that blew off United Flight 811 near Hawaii in 1989 reported; scenes shown of damaged plane.
#334818
#334820
(Studio: Dan Rather) Report introduced.
(Amman: Anthony Mason) Life of refugees on the road following their exodus from Kuwait and Iraq featured; scenes shown from Jordan-Iraq border refugee camps. [PEOPLE - comment on conditions.] Scenes shown of group in Amman, Jordan, readying for flight to the Philippines.
#683698