This report assesses the possibility of increased oil production from 21 less developed non-OPEC countries (excluding the Middle East and Mexico) by 1985. The forecast is compared with those prepared by the World Bank, the International Energy Agency, and others. The 21 Latin American, African, and Far East (including Asia) countries produce 2.5 million barrels of oil per day (BD) or 4.2% of world production, and they have 21 billion barrels of proved reserves, or 3.2% of the world total. In recent years these countries have consumed 3.1 million BD, some 0.9 million barrels in excess of their production. By 1985, the 21 countries may produce 3.9 million BD, an average annual increase of 5.0%; however, demand is expected to increase at an annual rate of 3.5% to 4.4 million BD. The net effect is that the 1985 aggregated supply-demand balance will be in deficit, by nearly 560 thousand BD, compared to slightly more than 930 thousand BD in 1976.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story about three weeks contracts which will be signed for delivery of Saudi Arabia oil to Baltex oil and gas corporation in Malakoff in East Texas.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story about a Texas petroleum executive who says delivery of petroleum products sold to his firm by Saudi Arabia could begin in about three weeks when contracts are signed.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story about W Page Ballard- president of Baltex oil and gas company who says he has a solid commitment for delivery of Saudi Arabian oil and gas for the next five years.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story of two Arab foreign ministers who say that they have some good news for president Nixon about prospects for Syria's entry into the Middle East Peace talks.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story of the south Vietnamese government who said that the Chinese Task Force that drive Vietnamese forces from the Paracel Islands may be preparing to head for the sparkly chain farther south.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story about police in Malaysia being threatened to be fired if found having too many wives.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.