Word: barrelling
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Dates: during 1980-1989
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...EEPC report, called "Energy Security Revisited," advocated a $5 a barrel oil import fee and said the conclusions of a 1987 Energy Department study were politically biased. Written by Bradshaw Professor of Public Policy William W. Hogan and EEPC Assistant Director Bijan Mossavar-Rahmani, the report said the DOE miscalculated by $200 billion the effects an oil import fee would have on the economy...
...kill all those black bears. Sure, part of his job at the Washington Forest Protection Association was to stop the animals from stripping bark from trees and feeding on the sapwood. Then it occurred to him that the way to a bear's heart was not through the barrel of a gun but through its stomach. So he concocted a recipe of sugar- beet pulp and set out feed troughs in the forests. Immediately the bears began to spare the trees and fill their bellies with Flowers' feast...
Predicting the future is always risky, but when it comes to the oil business, it often seems downright impossible. Who could have foreseen the shocking oil- price hikes of the 1970s? And then prophesied bottom-of-the-barrel cuts in the 1980s? No wonder the possibility of a cease-fire between Iran and Iraq threw oil traders into a frenzy last week as they tried to divine whether the cost of crude would ultimately go up or down...
...helping depress prices. Peace could eliminate the glut, the theory goes, by bringing back tighter production quotas from Iran, Iraq and the other members of the Organization of Petroleum Exporting Countries. Such thinking caused the price of oil futures to seesaw violently last week. The price of a barrel of West Texas crude jumped 84 cents, to $15.70, when Iran first proposed peace, then plunged 47 cents per bbl. the next day, after Iraqi fighters bombed Iranian targets...
...this courtly fellow, all cracker- barrel charm, really be the dread "Senator No," otherwise known as Jesse Helms...