Word: crude
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...fifth part of the package, which Carter called "the centerpiece" of his program, is a tax on crude oil aimed at boosting domestic prices to the world level in order to promote conservation and raise production. This would end the controversial bureaucratic swamp of "entitlements" under which refiners of domestic crude oil subsidize refiners who use more expensive imported oil. No one gives this proposal much chance of passage, however, despite the determination of House leaders to keep on pressing. A new tax, especially one that may raise consumer prices on such a basic commodity, is hardly likely to find...
...Theo" is crude, a little vulgar in his materialism, but really kind of nice once you get to know him. "Liz" is, perhaps, a bit standoffish, but also quite a nice girl once she loosens up. Of course, they have their tempestuous moments, but what marriage doesn't have its rough spots? The pair settle down very nicely together on the yacht or his private island, and she even gets used to his little quirks - like not getting rid of his mistress after the marriage. Later, following the death of his son, Theo is seen suddenly...
...fact, there are several surpluses, amounting daily to some 500,000 bbl. of Alaskan crude, which must be shipped through the canal; at least 100,000 bbl. of California crude, which is shut in; and 50,000 bbl. of residuals. Jimmy Carter is considering federal action to ease the glut...
...step, he could impose some restrictions on Indonesian oil imports. But he is more likely to cut the entitlements fees further-perhaps as much as $3-giving the refiners more incentive to install the equipment needed to refine more sour crude into high-quality fuels...
...Alaskan oil shipped through the Panama Canal is even costlier than OPEC oil on the East Coast. One idea is a three-way trade: Alaskan oil could be shipped to Japan, replacing OPEC oil that would then be sent to the U.S. East Coast. Problem: the export of Alaskan crude would raise a political storm...