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...face of declining demand, some OPEC prices have been tumbling. Members like Nigeria and Libya, which last January were demanding $40 and more for a barrel of their precious product, have been forced to cut rates in an effort to unload their crude. Nigeria slashed its prices twice, during the summer and autumn, to $34.50. Libya reduced its price by $1 per bbl., but sales still dropped by 60%. Underscoring the weakness in the world market, the big U.S. oil companies last week reported sharp profit drops for the period from July through September. Exxon's earnings fell...

Author: /time Magazine | Title: OPEC Finally Gets Together | 11/9/1981 | See Source »

...designs sexual aids that imitate the motion of swimming porpoises. The doctor's problems: his extensive investments in timber and real estate are being skimmed, and his gay son and free-spending wife are bleeding him dry. Warlock's assignment: remove the bad apples from the barrel...

Author: /time Magazine | Title: Books: Hick Gumshoe | 11/9/1981 | See Source »

...Lehrer says and, in keeping with that assumption, he has seen a recent mini-renaissance of his work. A revue of his songs called Tomfoolery played London for a year ("Every song-writer in the world has had a revue and they finally got to the bottom of the barrel," he says) and the show, with its cast of four, is coming to New York in December. He also has published a new collection of his songs called Too Many Songs by Tom Lehrer (Pantheon; $16.50), with improved piano arrangements and two songs that he wrote for public television...

Author: By --jeffrey R. Toobin, | Title: Tom Lehrer | 11/9/1981 | See Source »

...back. The deficit is getting crazy. Congressmen are too concerned with getting elected and getting pork barrel programs for their states. They don't take time to think of the children inheriting the system, don't trust government, you see. I think that Democrats tend to believe that more government is the solution. The real reason I'm in this is because of my terrible discovery hat government can be so vicious. But of course there are times when government is the best answer. That was the case with civil rights...

Author: By Sandra E. Cavasos, | Title: Millicent Fenwick: Not So Modern Any More | 11/5/1981 | See Source »

Opposition has surged, then faltered, then lately surged again. Now the final tally is too close to call. The Reagan Administration appears to have tried everything from crude offers of pork-barrel projects to invocations of biblical Armageddon to defend its proposed sale of AWACS radar planes to Saudi Arabia. Yet when the Senate votes on the sale this week, conceded Reagan's Senate proconsul, G.O.P Leader Howard Baker, "it may still be lost...

Author: /time Magazine | Title: When Push Came to Shove | 11/2/1981 | See Source »

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