The Daily Item du lieu suivant : Port Chester, New York • 9

'f-f 'v 'v The News QuIzB2 The Week Ahead Bl Gannett Westchostor Newspapers Sunday Jyn24 1979 Section -r gas crisis? A look at major reasons By The Associated Press OPEC meeting could boost price of crude wl 30 oercent The Organization-id American States puaed a resofaXta Saturday calling for the ouster of Nicaragua President Ansstasio Sqmou and encourag- ring etepi-that could Include Muting metiatlon missksto his embattled nation Those steps could inoMde the sending of a mediation mlaaion made ud of tome OAS-member nations hat might or axnght not Include the united State aaid Ambaua- V-ctw Gale McGee permanent UArepresenUUve to the orgsnlzation The vote waa 17-2 with other xxiemben of the 27-nation body either officially ab-stalniagpr simply not taking part After the vote ujs Assistant Secretary of State Warrtn Christopher pnlsed the action saying: far ul know there no precedent for the broadly baaed and far-retching reaoiution adopted Earlier Saturday In the bee of oppoaition from several Latin American countrlea the United Statea wlth-drew he proposal for an- Inter American peace-keeptag force to reatore order In war-torn Nicaragua diplomats said Rebels leave Managua Fmldent Anastaslo troops presaed their attacks Saturday against dug-in rebels In Mari agui'i eaatern shims and weU-tafbrmed aourcea said higher-ranking Sandlnista guerrlllaa were Hite ring out of the city thing go aa they are the national guard should havecomplete control of ftfanagsa In three or four said one source a sking not to be identified But the guerrillas were reported to have captured another provincial town east aMlanugua Sources here suggested the rebels remained confident of overall victory and were narking time waiting br a decision of the Orgaahition4f gum rituation One source here said perhaps MO lowerkvd Sandfadiba and youthfel supporters were fighting frtm barricades and trenches in Ms- nagua'ieutern liberal against Carter A leading liberal Democrat told the Americana for Democratic Actloa on Saturday that the liberal element of the party must select scandldate other than Jimmy Carter to cany the party's banner In 1980 Arthur Schleslnger Jf a White House aide to PresktaX John Kennedy said that If Sep Ed ward Kennedy cinnot be persuaded to run for president party liberals should look for an alternative events propel-Senator Kennedy Into the contest he will receive a national outpouring of Schleslnger said In a ipeech prepared for delivery to the ADA'i annual convention Schle- Singer uid Carter tail behaved morelike a Repub- lican then a Democrat since taking office and' should be challenged to force him back to traditional party philosophy even If he be ousted Bush warning on SAIT former CIA Director George push said Saturday the SALT treaty should not be ratified until i It to amended to provide equity1 for the United I State and safeguards against Soviet cheating i Bush an announced candidate for the Re-I publican presidential nomination made the assessment In remarks prepared for delivery in Orlando Fla to the aa iusn nual convention of the Young Republican National Federation A check on the arms race essential Bush said But he said the treaty negotiated by President Carter Inadequate He claimed thetreaty would permit the Soviet Union to increase lb nuclear capability by tenfold boosting its nuclear strength aubattati-al ly ever that of the United States The former UA envoy ts theUnlted Nations audio China said the Unhid States will bo virtually unable to monitor whetberthe Soviets comply with the treaty Bridegroom dies A Omaha Neta bridegroom who fainted during hit wedding ceremony backward and struck hb bead a week ago has died without re-' gaining consciousness Greg Cundiff 23 diedFri-day night at Immanuel Medical Center Services are scheduled Tuesday at Meyer Funeral Home in Council Bluffs where Cundlff lived Last Saturday Cundlff and Debbie Jo Rose had exchanged vows In an Omaha church and were waiting to hear the minister pronnouncc them husband and wife when Cundlff whispered to his bride think going -to fell ami struck his headat the bottom Of three steps BPt offers asylum Freddent Aitwar Sadat on Saturday extended a public Invitation to the deposed Shah of Iran and his family to accept political asylum In Egypt In Tehran revohitionary'government revoked Shah Mohammad Em passport In an ef- fort to block Ms travel In search of sanctuary and eventually force his return to Iran Sadat addiVt-v ting the opening session of the newly elected Pin 'liniment aid me tint many-- '-countries have refused to shelter theshah because' they (ear reprisals from Iran Sadat welcomed the shah la Aswan last Janpary when the monarch went Ihts'edle Since then the shah has found torn porary homesin Morocco the Bahamas and now -Mexico i 1 tv £5- taxes for companies i Seveotcn corporations with pretax worldwide eamlngi of over $2 billion paid no federal income tax in 1177 Rep Charles Vanik DOhlo la assert- tag Vanik a member of the tazwritlng House Ways sad Means Committee alto said a study of 142 of the nation's largest corporations showed 7 they paid in Income tax of 17J percent their worldwide Income for 1177 He said hit study the significant decline In the Sverige effective federal corporate-income tax rate during the At the tame time Vanik said "I suggest no In the action of the flrou involved He said the corporations simply taken advantage quite effectively of the mdtitude of tax subsidies put into our Ux Crude til production In the United States took an unnoticed and unexplained plunge last winter Just when revolution waa cutting imports of til from Iran At the same time UB refineries were squeezing less gasoline than usual from each barrel oftil These two developments which together cost America more gasoline than the widely blamed Iranian cutback were found in an Associated Press tavestiga- -tion The cutoff of Iranian til meant a loss of at least 175 barrels iff gasoline that otherwise could have gone Into mo- torlsts tanks the same Ume the drop in UA -crude til production caused a mm of at least 11 million barrels of gasoline 115 million barrels of gasoline slmply never got produced because do- mestte refineries were squeezing task gasoline slid more heating til Jet Aid and petrochemicals out of each barrel tit crude oil Those three factors add up to a loss of some 40 million barrels of gasoline that never reached service stations That to a four-to flVe-day supply of gasoline for the entire United States matching the Energy estimate iff the maximum shortage in April and May To make matters worse for the average driver government regulations steered some of the remaining gasoline to state emergency stockpiles and priority users This may have diverted roughly 46 million barrels of gasoline raising the shortage to about 20 percent at the service-station pumps Interviews with dozens of til company executives and Industry analysts turned up a variety of explanations for the shortage But some of those ere contradictory and taken all together do not explain folly what happened Energy Department analyst Frank Verrastro told the AP that department experts oily recently noticed the domestic crude til drop the deepest since 1971 but could not extiain ft "It has declined and then picked back up and strange It may possibly be due to some Verrastro said but he later added that this guess was unsup- ported by evidence and that other causes might explain the dip OH company executives unanimously denied they had deliberately depressed domestic production Indeed many sptd they had not noticed the dip although It showed -up In Individual company data that some of them provided Groping for explanations most of them guessed bad westher was to blame some cited mechanical problems or questioned the statistics Others rejected the weather theory or Just shook their heads iq puzzto -ment Analysts say the stage was set for the current shortage in 1077 when UA companies built stockpiles to record levels In -anticipation of a world til price Increase Then In the fall and winter of 1978 unex-pected record gasoline demand drew these Inventories down to near minimum levels But Just then whei gasoline stocks are normally rebuilt both Iranian and UA crude til production plunged and US refineries began producing less gisollne per 'barrdofoil By March the shrinking gasoline out- put reached distributors who begun limiting deliveries to service stations In April with even leu gasoline to sell stations began dosing evenings and weekends In May panicked motorists began lining up for blocks in the early morning outside stations Oil company executives say they first aaw trouble coming tost fall beginning of the Iranian problem was In- September orOctober iff aid Laurence Fuller -president of Standard Oil Co of Indiana (Ambco) had begun to recognize a problem at that-time and would have begun to buy crude If we could have'gotfeo our hands Company officials agree the situation called for all-out domestic production and --yet that too began to drop Energy Department figures show that in 1970 UA crude til production averaged 87 million barrels a day and peaked fa October at 083 million barrels But then It down to 073oniIIion barrels in No- vember to 805 million In December to '-846 million In January and to 829 million in February- i Industry analysts forecast a SfilHin- conflriried rebound to 809 million In March and 862-million in April 7 The drop in production from December -through April cost the nation 22 million barrels iff til enough to produce II million barrels of gasoline at normal rates There are 42 gallons in a barrel In Interviews til executives conceded this drop was a departure from the nor mal decline in domestic crude oil produtf-tion as old wells ate exhausted faster than new ones are developed noticed that I hadn't seen skid Kenneth Haley an econo- deprived the world of 10 percent of its daily production of til That loss put a severe crimp in world til supplies and many OPEC nations found oil-hungry customers willing to pay premium prices Individual producers began adding the surcharges to the official base price of $1335 a barrel at the tart of this year and then to the subset quent base of $1455 a barrel set In March Ami im spot markets hr the Netherlands where sales are not bound by long-term contracts costs of some til have ap prqsced $40a barrel Although some Iranian production hu resumed the country still produces for leu til than In the pre-revolutionary days and the tight world oil supply continues Saudi Oil Minister Sheik AJimed Zakl Yemeni is expected to press for price to- creese but also'hu uid he will be working toward "unifying the price of oil again" perhaps' through the elimination of the surcharge system Saudi Arabia also says It Is considering increasing Us oil production by 12 percent to 95 million barrels a day to "try to stop the panic" In world til markets But both Crown Prince Fahd and Yamanl have said repeatedly that conservation by til consuming 'nations is the key to solving the til shortage problem Yamanl blames countries pro pared to -pay any for oil for pert of thepitiriem now seen aa an optimtatiOstimete end the analysts now are saying the price may be much higher perhape $19 or $20 a barrel Thu prospect iff higher til prices has forced economists end government leaders to look again at forecuts that had assumed a maximum OPEC price Increase this year of Just 14S percent Merrill Lynch Economics Inc ha instance said continued leapfrogging iff til prices by the OPEC nations hu again necessitated substantial upward revisions In projected energy costa and thus in Inflation The consulting arm of the giant brokn-age house had predicted in January that US gasoline prices would rise by 74 percent in 1979 and by another 13 percent next year Nowit expects gastilne prlces to Jump by $47 percent this year and by 216 percent In 19M West -German Chancellor Helmut Schmidt warned recently that sudden oil-price explosion could ruin all our economies" The Organization iff Economic Development and Cooperation a group of 24 major Industrialized nations warns: rise in oil prices could set off a new recession as In when oil prices quadrupled When OPEC last met In March world til markets were reeling from the effects of the Iranian revolution which doted that oilfields for seveft weeks and NEW YORK (AP) -The Organisation of Petroleum Exporting Countries meets this week to discuss an oil price lncresse that many oU-consumlhg nations bar may have dire effects on their economies Analysts expect the OPEC meeting opening In Geneva Switzerland on Tuesday to result to a large rise In the price of crude oil perhaps as much as 30 percent That could add I cento to the price iff a gallon of gasoline dr heating til In the United States But exactly how targe the crude oil price Increase will be still Is a' matter of conJecture analysts say because decisions reflect a compromise among members with widely divergent points of view Little has changed In tbe world til sup-altuation In the threevnonths since the it meeting ofthe OPECmembers to Geneva And prices have continued to go-up as individual members of the cartel have tacked on surcharges of up to $5 and more to the base price of I14SS a-barrel Because of the surcharges the average price of a 42-galkta barrel of OPEC oil now is about $17 a barrel almost 17 percent above the official base price and about 30 percent higher then the base-price on Saudi Arabian light crude til that was In effect at the end of 1978 About a month ago many analystrhad expected OPEC to agree on a $17 base price at tiffs meeting But that to Gays remember -69 riot night plaque dedication ceremony waa scheduled at the original site of the Stone-wall riot where a restaurant now stands Erie Bofes of the group brganizlng the march said thli commemeratton will be from pasj marches be cause'there were "real legal victories happening in the past year for the move cited Seattle's rejection' of an Anita Byrant typebilT revoking gay righto and the defeat of the Briggs Initi-7 five In California which dealt with the hlr-- tag and firing of gay teachers- Bofes said Sunday's march was also Intended to protest the sentencing iff former San Francisco supervisor Dan White White was convicted iff voluntary man- slaughter in the November killing iff i Mayor George Moscone and Supervisor Harvey Milk a self-proclaimed homosexual conviction carries maxi-mum sentence of eightyear Gay activists in San Francisco where an estimated 15 percent iff the population to homosexual predicted 300000 people would attend a parade along busy Market Street and a street fair at Civic Center -1 Other major cities had their annual Gay Pride Week celebrations earlier About 5000 marchers chanted and sang as they paraded to the Boston Common tost weekend NEW YORK (AP) Ten of thousands of gay men and women celebrating the culmination of Gay Pride Week and marking the lQth anniversary iff the Stonewall 7 riot plan to march up Fifth Avenue and then rally In Central Park today A spokesman' for the National March for Lesbian and Gay Righto said more than 100000 gays from ufar-away as Chicago were expected to participate TTto-Stonewall riot which occurred -June 28 199 at the Stonewall Inn in 7 Greenwich Village' is regarded by homo-r sexual men and women the stfri of the nationwide gay rights movement The riot began when police Raided the gay bar on Christopher Street An angry group of homosexuals resisted arrest set- ting a small fire andthrowing various objects Including a parking meter at officers The group polled repeatedly' had raided the bar' and hairassed them only because they were gay Ten people wen arrested ami seven officers injured! intheridt Gay Pride Week which Included edu-catipnal workshops and cultural and social events has been celebrated here annually by hundreds of gay groups since the 1969 riot Saturday night an all-night vigil was planned at St Patrick's Cathedral by a group representing gt-f Catholics A mid-'' On duty A Florida National Guardsman protects a truck In Fort Lauderdale Fla See page B3 for related stories on the nationwide truckers demonstrations AP Photo onpagU list see SHORTAGE TV ve.