DOE announces a $5 per barrel entitlement to importers of heating oil
Time: May, 1979
Place: U.S.
Details: DOE announces a $5 per barrel entitlement to importers of heating oil. Saudi Arabia announces intention to increase direct sales and to sell less through Aramco. Both announcements send prices higher.
‹ Earlier in historyManila ConferenceMonday May 7, 1979 Later in history ›Father's government was defeatedTuesday May 22, 1979
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