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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Aug. 8, 1973)
University Cleaners & Laundry Alterations • Repairs • Insignia 112 N. Main 846-6615 North Gate Friendly Personal Service College Station, Texas Wednesday, August 8, 1973 THE BATTAU Phase IV Squeeze On Oil Supply See HOUSTON — M. A. Wright, chairman and chief executive of Exxon USA, expressed concern Monday about the effect proposed Phase IV price controls may have on the availability of for eign heating oil and other distil- v .„ , French's ROYAL TOT Xh 110 ROYAL BRYAN "".'•vC' & WEE AGGIELAND Schools ANDERSON AT VILLAGE COLLEGE STATION State Licensed French’s Royal Tot OPENS AUG. 20 822-0391 KINDERGARTEN 5 YEARS • PRE- KINDERGARTEN 3-4 YEARS • PRIVATE FIRST GRADE NURSERY SCHOOL 2-5 YEARS late supplies in the United States this coming winter. Wright pointed out that the United States will need an esti mated average of at least 500,000 barrels per day of foreign heat ing oil and other distillates, or about 15 percent of sales, to avoid shortages during the win ter season. “But,” Wright said, “proposed Phase IV regulations would have the effect of discour aging the importation of foreign heating oil required to meet con sumer needs.” Wright noted that cargoes of foreign heating oil, imported to New England priced at world market levels, currently cost a cargo reseller about 23<; 1 a gallon or about 10t* a gallon over his price-controlled selling price for domestic heating oil. “As pro posed, Phase IV rules would re strict importers and their retail er customers from passing on to consumers the higher cost of for eign oil,” Wright said. “Under such conditions, it would be un likely that sufficient quantities of imported heating oil and other distillates would be purchased to meet winter requirements, much Wright concluded that there is a great need for as much flexi bility and incentive as practicable to compete in the world market for the supplies available in the unstable and changing energy situation. To do this, all levels in the petroleum disti chain — manufacturers,!* retailers — must havens that they will be able to their costs of acquiring! plies for American com less to provide for the urgently- needed summer buildup of heat ing oil inventories.” FRESHMAN AVOID ANY POSSIBLE BOOK SHORTAGE. WE WILL RESERVE THOSE THAT YOU NEED AT NO EXTRA CHARGE. FILL IN THE RESERVED FORM AND MAIL TO: TEXAS AGGIE BOOKSTORE 327 UNIVERSITY DRIVE COLLEGE STATION, TEXAS 77840 NAME: ADDRESS: CITY, STATE: CUT OUT AND RETURN COURSE 1 ZIP: MAJOR: NO. COURSE NO. , - . If you’re a student at Texas A&M p _ , i you re going a long way. We can help you get there With the services of a full-service bank. With travel accommodations. • checking accounts • A&M special checking accounts with no service charge • Golden Passbook Savings paying 5% interest • personalized checks • convenient drive-in windows • new car loans for seniors • Worldwide Banking Service • travel counsel • free ticket delivery • 30-day charge • international travel planning • assistance with visa/passport • lodging reservations • rental car arrangements THE BANK OF A&M Highway 6 South/College Station Telephone: 846-5721 A&M TRAVEL SERVICE member/fdic in the lobby of the Bank of A&M Telephone: 846-8881 T “The U.S. petroleum industry is operating at a delicate balance between supply and demand. The supply situation this coming win ter can be sharply affected by small adverse changes in such factors as weather, crude oil sup ply, and equipment breakdowns. In addition, longer supply lines and limited tanker availability make necessary increasingly longer leadtimes to line up sup plies. It is thus important that there be no deterrent to building inventories throughout the in dustry,” Wright added. Korean Geophysicists Grad Students Receive Scholars! Scholarships have been award ed two A&M geophysics graduate students by the Korean American Oil Co., Inc. Recipients are Sung Jin Yang and Sub Bok Byun. They are working with Dr. Anthony Gangi of the Geophysics Department on graduate degrees. The awards of $5,090 each pro vide tuition, fees, living and edu cational expenses and computer funds. Early American Design Trend Seen Fall furnishing trends will see ’73 fashions take a firm hold with billowy, pillowy, upholstered pieces to echo the return to com fort. Patricia A. Bradshaw, housing and home furnishings specialist, A&M’s Texas Agricultural Ex tension Service, reviewed other trends with a look toward prog ress of Oriental and Early Amer- ding, spatter painting, crayon marking and smudging is com mon. A low sheen is used on a highly distressed finish.” Noting that furnishing trends effect themselves over a longer span of time than other trends, the specialist forecast a life of several years — with new varia tions each season — for today’s trends. “These are generous ships; however, Mr. Ik Mr. Yang are outstani dents and highly deser these awards,” Gang! sa\ The graduate students Korean Government Sdn for their previous two study here. Graduates Seoul National Universr degrees in mining enp they came to A&M tosto mic exploration mette hope to use to find oil Korean continental shelf Byun expects to comfi M.S. degree this summei studying adaptive filteritf ods and has applied then mic data. He and Gangii a paper on the work at ciety of Exploration G« meeting in Mexico Cityll Yang, who also expects plete the master’s this studying “velocity spectn niques. These were ap; seismic data donated tot physics Department byh isiana Land and Oil Co. Both students plan on ing toward Ph.D. degrees research areas with Ganp x*- I it (Bil of J dale assi gan Her mui the The T ten< Col Tex bac t A& Bat edit spo was pro A of lege F bioc com 500 nia. trol S I T< ican influence. “Resurgence of Colonial-Early American-Federal styles is tied to the upcoming bicentennial, so we can expect this trend to hold at least until 1976,” she predicted. “Oriental overtones are seen especially in accent furniture. Tables in antiqued-color finishes can fit into any decor. Rattan and wicker frames appear on many furniture pieces. “French provincial, Mediter ranean, English and German styles also are featured, as are the country styles derived from English and French designs.” Citing texture and color as still important, Miss Bradshaw de scribed fabrics ranging from smooth nylons, flocked suedes, hopsacking, tufted velvet, and Olefins to matelasses and Italian antelope. “Colors in new hues are smoke, wine, gold, asparagus and ceru lean. “In paint finishes, antique yel lows and whites continue with contrasting stripes and glaze finish for richness and dimension. “Wood furniture is in middle tones — with overtones carefully highlighted. “To produce antique effects, distressing by hand color pad- tErabts l&R'J.i'tp- torj 48, a&: T raci in t in * sera sho 1 Tur T Rhe raci Dur succ on i Stir mar T pub Oil at 7 of 1 Hal Special Student Section 4 Students $57.40 ea. BA r Separate Family & Adult Areas 2 Laundry Rooms 2 Swimming Pools Covered Parking All Bills Paid & TV Cable 505 Hwy. 30 — College Station Phone 846-6111 Office Omf/iyette l^asUo i EIQ&cfouHUCA. associate store Next To Gibson’s 10:00 - 7:00 Mon. - Sat. Owned & Operated By Santronics REDMOND TERRACE SHOPPING CENTER Your Only Complete Electronics Dealer Within Walking Distance Of The A&M Campus Welcomes You To “Aggie Country” And Invites You To Visit Us For The Best In HI-FI Stereo And Quadraphonic Systems; CB Gear; Antennas; Speakers; Turntables; Tape Decks; Cassette, 8-Track, And Open Reel Magnetic Tape, Recorders, Walkie Talkies, Headphones, Amateur Receivers, And A Whole Host of Electronic Parts. We feature Such Well-Known Brands As Akai, Sanyo, Lafayette, Dual, Garrard, General Electric, Calectro, Sprague, Universal, And RMS. Look For Us In The Mall Of Redmond Terrace Shopping Center Across The Street From The New Holiday Inn On Highway 6.