Word: caps
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Dates: during 1970-1979
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...Federally controlled wellhead prices of newly discovered natural gas would rise by 300, to $1.75 per 1,000 cu. ft. Gas produced and consumed within the same state, which now is free of federal controls and sells for as much as $2, would be placed under the $1.75 federal "cap." Carter's reasoning: nationwide equalization of natural-gas prices should stop hoarding of supplies within one state, as occurred last winter, while other sections of the nation shivered without heating fuel...
...game. Hagen was already displaying the waggish bravura that made him a gallery idol when he showed up for his first Open in 1913 at Brookline, the Crimson's home course. The Haig wore a garrish bandana tied cowboy style, a striped silk shirt, a plaid Scottish cap, and his wide laced brogans with the tongue moddishly doubled back over the instep...
...Barger as Hermia and Joanna Blum as Helena are very much the respectively sought-after and frustrated lovers, and vice-versa. Anne B. Clarke as Titania fairly wafts across the stage. Tim Reuben is an appropriately ponderous Theseus, and Jeffrey Rothstein, struggling valiantly with a wrinkled, Bozo-esque bald-cap, nevertheless succeeds as the crabby, meddling Egeus. All five of the Athenian workmen-turned-actors give good performances, but David Anderson as the bellowing, overeager Bottom deserves special notice. It is easy to play this role as pure slapstick. Anderson goes beyond mere egotism and develops Bottom as a buffoon...
...below the price of imported oil (now selling at about $12.50 per bbl. at Middle East ports). Full decontrol would send domestic oil prices up a third, and the Administration fears the political and inflationary impact. The probable compromise: a gradual relaxation of price controls with a ceiling, or "cap," on the maximum price...
Until Carter and Schlesinger settle on just what kind of decontrol they will recommend, no one can judge the program's adequacy. But the portents are not favorable. The idea of keeping a "cap" on prices is unwise. It would interfere with what should be a prime goal of decontrol: letting the market adjust prices so that a B.T.U.* would cost roughly the same whether it was produced by burning oil, gas, coal or whatever. Only in that way can the U.S. get the most efficient use of fuels...