Word: barrelfuls
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...going to give him a chance to be fair," said Republican Samuel Devine last week, referring to Chairman Peter Rodino of the House Judiciary Committee. "If he isn't fair, we'll raise a barrel of hell about...
...much trouble winning against Ivy League competition as Richard Nixon has had convincing the country that his hands are clean of corruption. In Ivy matches last season, the Crimson failed to break into the win column a single time and finished at the bottom of the Ivy barrel with an 0-5 record...
...company to deduct from the U.S. taxes due on its foreign income the income taxes that it pays to foreign governments. The aim is laudable: to prevent double taxation. But there is a catch. Many oil-producing countries mislabel part of the royalties that they charge on each barrel of oil as taxes, in order to create a U.S. tax credit for the oil companies. If the oil companies were forced to treat the disguised royalty as part of the cost of doing business-as other companies must-they would be able to deduct only 480 from their U.S. taxes...
Starting this week, oil companies will have to pump about $7 into the national treasuries of Middle East host countries for each barrel of crude they take from the desert sands. Once corporate profit margins and the cost of transportation are cranked in, the price of crude in world markets will nearly triple, to something like $9 per bbl. At present prices, worldwide customers shell out about $22 billion a year for the 6.2 billion bbl. of crude that the Middle East exports. When the new prices take effect, the tab will leap overnight to $55 billion or more...
...natural gas in the best interests of consumers. The Justices were anxious to avoid monopolistic pricing practices by producers. The FPC finally set areawide, very low ceiling prices on natural gas. Today, 1,000 cu. ft. of gas costs, on the average, only 22?-the equivalent of pricing a barrel of oil (which now sells for at least...