Word: bigs
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Dates: during 1970-1979
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...have equal amounts of non-Iranian petroleum. Nor in theory should the freezing of Iranian bank assets prove especially disruptive to money markets or the banking system. The Tehran government's estimated $6 billion in petrodollar holdings is only a fraction of the more than $150 billion that big international banks move back and forth among each other every day. Withdrawing the Iranian funds would, by itself, hardly cause much more than a momentary ripple...
...Lundberg, whose Lundberg Letter is widely regarded as the most reliable gauge of gasoline marketing trends, figures that prices are poised to jump to $1.18 per gal. by year's end, a startling 17% rise in a little more than a month. Reason: with the troubles in Iran, big industrial users of oil as well as gasoline will now begin building up their stockpiles and tightening the market, sending prices soaring. That will put a pinch on the already strained budgets of families everywhere, but especially for people whose homes are warmed by heating...
...week had entered the U.S. each day. Amerada Hess, the largest single supplier, delivered about 200,000 bbl. of the total. Much of it was processed at the company's refinery at St. Croix in the U.S. Virgin Islands, then transshipped to mainland U.S. ports. Among the other big suppliers, Gulf Oil provided about 135,000 bbl. a day, Ashland Oil shipped about 100,000 bbl. and Exxon averaged around...
...business terms, both sides have fired their big guns: oil cutoff, attempted bank withdrawal, asset freeze. What further economic weapons can the U.S. use against Iran-and vice versa...
...Being a Christian by Hans Küng (Doubleday, 1976). A work of fairly serious theology that became a big seller, this book by Küng, liberal Swiss priest and thorn in the side of the Vatican, offers a revisionist review of such Christian dogmas as the Resurrection...