Word: barreling
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Dates: during 1980-1989
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Things are winding to a close. Out of the bottom of the barrel comes a coatimundi, looking like a fox that has attended the Harvard Business School. Guinea pigs: Hale starts the bidding at 25? and, working the crowd expertly, talks the price up to $1.50 a head. Sold to Randy Horstman, 12, of Metropolis, Ill., who has bought heavily in gerbils some minutes before. Now someone stretches up and says something to Hale, high in his red-painted auctioneer's pulpit, and Hale looks unsure whether to giggle or break down crying, and he clicks on the microphone...
Since the death of Calder, Nevelson has become the most frequently commissioned sculptor on the public scale in America, the chief beneficiary of an overflowing pork barrel. Yet a great deal is lost when her work is transferred from the room to the lobby or the plaza. The sense of intimate contact goes. So does the feeling of envelopment, the mysterious orchestration of additive detail in a limited, and hence obsessive-seeming, space. Nevelson's open-form, welded sculptures, such as the set of Shadows and Flags recently installed on a handkerchief-size plot near Wall Street (which...
Seven lean years have passed since OPEC, in a few short weeks of 1973 and 1974, began radically manipulating worldwide petroleum prices by increasing the cost of a barrel of crude from $2.41 to $10.95. Since then, oil-consuming countries have paid the oil producers a staggering $370 billion for the precious black product that is essential to industrial survival. Saudi Arabian Oil Minister Sheik Ahmed Zaki Yamani warns that oil could easily rise to as much as $60 per bbl. in the foreseeable future...
...American economy was sent reeling when the Organization of Petroleum Exporting Countries [OPEC] hiked the price of crude oil to over $20 per barrel--the second major increase in less than a decade. The dollar plummeted on the exchange market; inflation spiralled upwards. The evening news carried stories of record setting gas lines as motorists jockeyed for position to purchase gasoline at over $1 a gallon. And, as the winter approached, homeowners watched anxiously as the average price of home heating oil rose from 53.7 cents to 90.8 cents in January of 1980, an increase of about 170 per cent...
...year 2005. At the White House an agitated aide rushes into the Oval Office with grim news. "Mr. President," he announces, "OPEC has just raised its prices by another 10%, and oil will be going up to $450 a barrel by next January." To the assistant's surprise, though, the Chief Executive seems unconcerned. "Don't worry," says the President. "This time it isn't going to matter. We will have another three solar satellites on line by early next year, so we can tell those cartel characters to take their oil and [expletives deleted...