Tuesday, April 1, 1986/The Battalion/Page 9
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Oil
(continued from page 1)
reporters in Washington. “I would
jbe very surprised to see it fall to lev
els much lower than where it is right
how."
On the New York Mercantile Ex
change, contracts for May delivery
hi West T exas Intermediate, the ma
jor U.S. grade of crude, closed at
$10.42 a barrel.
That was down 9 percent from
riutrsday’s close of $1 1.44, and 66
jercent from the $61.01 close of
sJov. 25, the day before the current
nice slide began.
The market was closed Friday in
Ibservance of Good Friday.
In 1978, refiners were paying an
average $10.61 a barrel for domestic
crude oil.
Futures contract prices for re-
lined products, such as gasoline and
heating oil, also slumped Monday.
Among contracts for April deliv
ers, unleaded gasoline closed at
86.75 cents a gallon, down from 3'/a
cents from Thursday's 40.25-cent
close, while heating oil closed at
42.78 cents, down from 48.88 cents.
The current slump began with a
glut in world supplies that was al
ready putting downward pressure
on prices late last year.
In December, OPEC announced it
would increase production to pre-
serve its “fair market share,” aban
doning previous attempts to support
the market price through restrained
production.
The decision sent prices into an
other tailspin, leading OPEC mem
bers to call for renewed cuts in out
put by both the cartel and non-
OPEC members such as Britain and
Mexico.
But at a nine-day-long meeting in
Geneva that ended March 24, mem
bers of the 13-nation cartel could not
win agreement from non-members
on production cuts and it failed to
devise a strategy for cutting its own
production. The members agreed
only to reconvene on April 15.
A recent study by Charles River
Associates Inc., a Boston-based con
sulting firm, estimated the world
supply of oil in April would exceed
demand by 4.2 million barrels a day,
“two to three times the imbalance re
corded in January and February.”
David Mizrahi, editor of the news
letter Mid East Report, said he was
not surprised bv the latest fall in
prices. ^
He said he expected the level to
fall to “$8, mavbe $7, but not $5 —
although the Saudis can live with
$5.”
The Saudis are “are trying to
flush some producing countries out
of the market,” by driving prices so
low that they become uneconomic
for some competing countries, he
said.
(continued from page 1)
food containers. The report said
a follow-up inspection will be
made in 10 days.
• Farmers Market at 829 Uni
versity Drive in College Station
was inspected by David Pickens.
Score — 87. A four-point viola
tion in the report was given be
cause a hand sink was inaccessi
ble. Four two-point violations in
the report were given for food
stored on a lloor, a dirty ice
maker, a dirty floor that needed
repairing, doors that weren’t self
closing and a paper towel dis
penser not operating properly.
One point in the report was sub
tracted because grating needed to
be placed over a floor drain. The
report said a follow-up inspection
will be made in 10 days.
SCORED BETWEEN 70 AND
74:
• Wendy’s Old Fashioned
Hamburgers at 8216 Texas Ave.
in Bryan was inspected by David
Plett. Score — 70. Plett said in the
report a five-point violation was
given because none of the em
ployees during the time of the in
spection “washed their hands
when necessary.” The report
showed a four-point violation for
utensils that weren’t being
washed properly. Another four-
point violation in the report was
given because a back door was
open. Six two-point violations in
the report were given because no
soap or paper towels were at two
hand sinks, food and food service
articles were stored on a lloor and
under drain pipes, a soda foun
tain needed cleaning, dishwash
ing facilities were not being used
properly, garbage was not sealed
in plastic bags and utensils were
not stored on a clean surface. Five
one-point violations in the report
were given because wiping cloths
were not stored properly, an ice
scoop handle was touching ice, a
light was needed in a freezer,
thermometers were needed in
some refrigerators and utensils
were not stored properly. The re
port said a follow-up inspection
will be made.
Crash
(continued from page 1)
crash area told him “the airplane al
ready was burning when it came in.
They said there were two explosions
on impact.”
A flight over the crash area in a
chartered aircraft revealed a plume
of white smoke slightly more than
halfway up the mountain, and seve
ral small tires around it.
T he airport at Morelia, capital of
Michoacan state and about 45 miles
west of the crash site, made arrange
ments to receive the bodies. Three
hangars were converted into make
shift morgues, and airline officials
requested lime, body bags and other
emergency supplies from Mexico
City.
One helicopter flew several dozen
plastic body bags to the crash site.
In an official statement, the air
line said the plane left Mexico City at
8:50 a.m. CST (9:50 EST) and was to
arrive in Los Angeles at 12:20 p.m.
PST (3:20 p.m. EST) after stops in
Puerto Vallarta and Mazatlan.
“The commander of the plane,
captain and pilot Carlos Guadar-
rama Sistos, with approximately
15,000 hours of flight time and vast
experience, reported shortly after
0900 hours (10 a.m. EST ) to the
Mexico center to inform that the
plane was losing altitude and later all
contact was lost with the plane,” the
statement said.
“The captain asked for permis
sion to descend because they had
problems about the pressurization of
the plane," Jose Henonin, an airline
spokesman in Mexico City, said in a
telephone interview. “That was the
last time they heard from the cap
tain, when he asked for authoriza
tion to descend to 6,000 feet. He was
flying at 26,000 feet.”
A source at the Mexico City air
port said contact was lost with the
jetliner 14 minutes after takeoff.
Flight information on a TV screen
at Los Angeles International Airport
said hours after the crash: “Mexi-
cana Flight 940 will arrive 2:40 p.m.
new time.”
The wotst commercial aviation di
saster occurred March 27, 1977,
when 582 people were killed in a col
lision of two Boeing 747s operated
by Pan American and KLM at the
airport on Tenerife in Spain’s (Ca
nary Islands.
Introducing the
COMET
CRASH!
This Thursday
Ladles can enjoy
FREE Comet Crashes
all night ($2 for
gentlemen).
Check the At Ease this
Friday for our calendar of events for April.
COLLEGE STATION HILTON
and Conference Center
801 Univcrsic fast * 693-7500
Rejection
(continued from page 1)
weapon stockpiles for rust and corrosion and to
test the trigger mechanism.
It can all be done without a nuclear explosion.
Warlike said.
Keenv, former deputy director of the U.S.
arms control agency, said he was distressed by
Reagan's rejection.
Keenv, now president of the private Arms
Control Association, said 16 U.S. tests were con
ducted last year while the Soviets set off seven
explosions.
He said both sides were averaging about 15 to
20 blasts a year.
Smith, chief U.S. negotiator in the Nixon ad
ministration, said the failure to pursue an over
all ban breaks with a commitment to other na
tions in the 1968 nonproliferation treaty.
Rhinelander, a lawyer who helped draft the
1972 Strategic Arms Limitation Treaty, said he
was not surprised by Reagan’s decision.
“I don’t believe anyone who has followed the
situation could be surprised that the Reagan ad
ministration was going to reject any proposal to
slop underground nuclear testing,” he said.
He said the failure to pursue an overall ban
breaks with a commitment to other nations in
the 1968 on proliferation treaty, which was de
signed to stop the spread of nuclear weapons.
Prepare now for summer
jobs Teaching Aerobics!
Attend
Fittness Services of Texas
Fundamentals Workshop
Experience a safe-effective & fun
total body workout.
Learn tested teaching & motivation tech
niques
Discover the employment options avail
able for dance-exercise instructors and
how they may be obtained.
Learn program design and choreography
techniques.
Sun. April 6, 9 a.m.-5 p.m.
24 HR Gyms of Texas
700 University Dr. E.
$45, $40 (AGrM Students &
Employees)
Call now to reserve your spot.
Advanced registration required.
Fitness Services of Texas
764-8259
Hours: M-Th9-11 p.m. Sun 12:30-11 p.m.
Frl.-Sat 9-6 p.m.
ALL YOU
CAN TAN!!
Unlimited Use Until
MAY 16th.
A/OU/only S80. 00
104 Old College Main at Northgate
Walk-ins are welcome.
Call 846-9779 for an appointment.
James & Carol Barrett '85-owners
^on't ta jadcKUfz
it&usi 1985 /IaG4elcMU&
Aggielands are available every weekday
from 8:30 a.m. to 4:30 p.m. in the En
glish Annex on Ross Street across from
Heaton Hall. Bring your I.D.!
GfiJEEBOSE
SPRING
SALE I!
Work ouf wifh us until June 1 for only
Bring a friend and you can both join for $40
BODY DYNAMICS
Post Oak Square
Call 696“ BODY for info
Thinking about a
new home?
Come to
the
HOUSING FAIR!
RUDDER EXHIBIT HALL
WED APRIL 2
lOAM - 4PM
Program sponsorad by tha Off Campua Cantar and tha Off Campua Agg>««