Gil Thurm

"... hit by thc plunge in the oil markets. "Wc should be buying oil (for thi government reserve) at this poin and not even bc thinking abou selling it," says Gil Thurm, presiden of the Independent Petroleum As of America. Chris Hall, president Drilling Production Co., a small Californi; producer, said his company had li cut salaries last week because of tht ..."

"... which represents smaller producers, welcomed Babbitt's announcement. "’This action would bring some relief to a section of our Industry hlt hardest by the very low oll prices," sald President Gil Thurm. But Thurm prodded the administration lo do more. "At a time when oll revenues have been slashed and many of our members wonder how long they can survive without closing their businesses ..."

"... activity would be a reduction in Interest rates. In the long run, however, have a considerable and beneficial influence in increasing and stabilizing housing credit flows," he said. But Gil Thurm, vice president of the National Association of Realtors, said the decision could significantly increase the cost of housing by limiting the ability of home owners to pass on cost mortgages ..."

"... of America, which represents smaller producers, welcomed babbitt's announcement "This action would bring some relief to a section of our hardest by the very low oil prices," said President Gil Thurm. Thurm prodded the administration to do more. "At a time when oil revenues have been slashed and many of our members wonder how long they can survive without closing their businesses ..."