Thursday, October 10. 1974
5
MAULDIN
1914 Chicago Sun-Times
Well, the frost has hit the pumpkins and the politicians seem to be preparing us for another miserable winter of long waits at a market. But perhaps even a system of light rationing
Oil: now a political commodity
MOLES
The rationing balloon has been floated by former Defense Secretary Melvin Laird, friend and unofficial advise to President Ford.
Ford himself, along with Secretary of State Henry Kissinger, has been out making speeches designed to protect American politicians from the wrath of the public. It's those greedy "oil exporters" who have jacked prices up to the point of provoking a worldwide depression, Ford and Kissinger have said in tones that led some Americans
about trying to increase public awareness in this country that it is Venezuela and Canada who really are rooking the United States and assigned to petroleum, not the "greedy Arabs."
Still, Arab leaders in the oil producing states do not hesitate to use this precious resource as a bargaining lever, a pressure tool, in their conflict with Israel.
At dinner the other night, I asked Sheik Haimad Yamiani, the Saudi Arabian oil minister, if there was any chance of another Arab oil embargo this winter.
"If there are no further Israeli withdrawals from Arab territories, that will produce war," he replied. "War will produce another oil embargo. Saudi Arabia
By Carl Rowan
to hope that either the Marines or the CIA was about to take over Saudi Arabia and
Meanwhile, the Arabs and Iranians go
Detente spreading ..
From Page 4
United States hopes to obtain a cheaper price on sugar im-
migrate Cuba and that Cuba hops to find a new market in the United States for its principal export.
From Page 4
There is no reason to believe Cub will sell sugar at a price below the currently established world price, regardless of how high that price is pushed by domestic imports, or precious manufactured goods, has been increased similarly by inflation.
The Soviet Union has always bad to pay a premium over the price of Cuban sugar in the
every year since the revolution to keep the Cuban government from going bankrupt. That premium has been as high as three times the world price in he late 1960s and early 1970s.
The United States cannot afford to pay three times the world price. Cuba cannot afford to sell for less than that for several years. Large sales of Cuban sugar to the United
States in the near future are highly unlikely.
The intentions of the United States and Cuba will be clearer after the OAS meeting next month in Ecuador.
From Page 4
Second, few sugar mills have been built in recent years. Few capitalists are willing to risk the trouble of tending tons a year in refinery costs.
Third, workers are increasingly unwilling to do the
backbreaking work of cutting cane. Wages are rising rapidly, but workers don't want to do the work.
Sugar . . .
The good outlook for the world sugar market, if the world economy holds more, may
give Castro a freer hand in the coming years.
He will be less dependent on Soviet aid and will be able to direct society in other, less direct directions, if he chooses.
would join in that embargo wholeheartedly."
It ought to be obvious to readers by now that oil has become absolutely the most political commodity on earth. The energy crisis has begun to plunge over the summer) makes it a vital deadline issue, and we shall all have to struggle to determine which statements by U.S. politicians are genuinely aimed at easing conditions and which are made only for political gain.
Oil, and the price of it, is all wrapped up in the Middle East conflict. Yamani said he could "guarantee" that, if the United States used its influence to push Israel back to her borders and if the Palestine refuge situation was resolved, "oil prices will go down."
involves a lot more than the simple question of how warm your house will be this winter, or whether you'll have enough gasoline to drive to grandmother's for Christmas.
We surely will see some political repercussions in this country. And we just might see the mess provoke some profound shakeups in international politics.
His logic is based on a belief that the Arab states, which produce some 24 million barrels a day, would unite in increasing production and dumping enough oil on the market to drive prices down—even over the objections of Venezuela, Canada and Iraq.
Oil has also become a tremendous factor in international politics. The Saudis supposedly are leading the push for lower oil prices because they fear that high prices will guarantee Communist and leftist gains in much of the world.
assume that high oil prices will continue for a long time.
British, Israel, Canada and Iran.
If a price drop hinges on Israel's going back to the 1967 borders and on a solution of the Palestine problem, you and I had better
Copyright 1974 Field Enterprises, Inc.
David Meltzer Reads His Poetry Thursday, October 10
SUA Weekly Poetry Hour
“Range of musics: Boswell Sisters, Roswell Rudd, Randy Newman; gamalan, gatoron, and martenot; Charlie Parker, Reardian Deinhardt, Burundi ladies greeting each other; Lee Kon尼, Fred Astaire, Bela Barok; George Burns, Wolf'叭 Wolf, Georges Brassens; Osborne Brothers, Blue Sky Boys, Armstrong震动, Cecil Taylor, Gloria Wood, Lewis Art Tatum; Glenn Gould, Dennis Brain, Cecil Taylor, Gloria Wood, Lewis Art Tatum; Bulgarian Folk Ensemble, the Hi-Lo's, the Chordettes, Tomas Luis de la Victoria, Bach, Mozart; Robert Johnson, Carl Sandburg, Om Kalthoum; alc. on that way, all day.”
4 p.m. Music & Browsing Room Student Union
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