Word: barrelers
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...producers had agreed to modest increases in the supply when prices rose way about $30 a barrel last fall, but a substantial fall in prices in December is prompting moves to once again restrict the supply. Leading OPEC members such as Saudi Arabia have set a target price range of between $22 and $28 a barrel - a figure Washington can live with despite Energy Secretary Richardson's lobbying against a cut, because it represents minimal inflationary pressure...
...political effect. Iraq last December briefly turned off the taps in a dispute with the United Nations over the sanctions regime that puts control of Iraqi oil revenues in the hands of the international body. Although Baghdad quickly resumed its supply, it is now pumping only 600,000 barrels a day, 1.7 million barrels short of the quota set by the U.N. program that allows Iraq to sell oil in order to buy food. Saudi Arabia's Sheikh Ahmed Zaki Yamani, whose leadership made OPEC a world power during the '70s, warned Thursday that the cartel may yet be blindsided...
...recall the infamous Moscow show trials of the 1930s. In those well-staged mockeries of justice - which the naive West bought lock, stock, and barrel - Stalin had his key political enemies legally lynched. Former premiers, members of the ruling Politburo and top military commanders were shot as traitors, saboteurs or foreign spies. Almost all of them were innocent of the crimes of which they had been accused, and almost all were posthumously exonerated...
...radio and asked permission to strike. By the time he got the go-ahead, three of the Palestinians had left. Still, two were killed and one wounded. Then the company commander awarded the crosses. Amid the sniper's admiring friends was another sniper. He was quiet and sullen. His barrel bore no cross. "Not yet, but I'll get one," he muttered...
...MIKULSKI, dean of the Democratic women in the Senate, about how to please constituents and get "super A" committee assignments out of the old boys who still run the club. Clinton's top committee choices: Finance and Appropriations. Her legislative priority after being sworn in next month: a pork-barrel bill for upstate New York. "She's asked me workhorse questions," says Mikulski. "She didn't ask where the Senate press gallery was." She doesn't have to; the press gallery will come to her, and so may a big book advance. She's fed up with others writing books...