Word: barrelfuls
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Dates: during 1970-1979
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...setback came from Iran itself. No sooner had Hassan Nazih, the new head of the National Iranian Oil Co., announced that NIOC would resume exports, than he was telling cheering oil field workers that Iran would be raising prices by as much as 50%, to $18 to $20 a barrel. At the same time, said Nazih, the Country would cease dealing with the London-based oil consortium', headed by British Petroleum, that has exclusive long-term contracts to buy NIOC exports...
...export shortfall of 5.5 million bbl. per day, the net world loss of 2.5 million bbl. has still started what some oilmen describe as a wild scramble for crude in the free market. Since mid-December the spot price has nearly doubled, to at least $22 a barrel, vs. the OPEC cartel's price of $13.34. This windfall profit for European oil companies and oil traders acting as middlemen has riled the producing nations, which once again are wielding their monopoly power. They want higher prices for all their oil. "The oil companies are making excessive profits," insists Mani...
...Many private marina owners will not accept live-aboards because of their demands on dockside services. As a result of berth control, there is a whole subsubculture of hide-aboards, who tie up what looks like a weekend cruiser and then surreptitiously move in, lock, schlock and beer barrel...
...Every time it rains or snows we have to use a barrel to catch the water." Joseph Lee '82, a resident of Canaday, said yesterday...
...United States anachronistic attempts to force its will on Mexico arbitrarily have backfired. Since President Lopez Portillo's visit to Washington D.C. in early 1977, relations between the U.S. and Mexico have progressively deteriorated. When Carter vetoed a privately negotiated agreement to buy Mexican oil at $2.60 a barrel, Mexico proudly announced that its oil was not for sale at a lower price, rerouted pipelines originally bound for the U.S., and signed contracts with France and Canada. When the Immigration and Naturalization Service (INS) announced its plans to build a fence between Juarez and El Paso, which a spokesman...