Word: crude
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...school's star quarterback (Patrick Swayze) turns to tossing grenades soon after his father shouts, "Avenge me! Avenge me!" He refuses, however, to kill a wounded female comrade (Lea Thompson), so she borrows a spare grenade to blow up herself and an enemy soldier. Red Dawn is too crude and incoherent to be taken either seriously by Milius' ideological allies or frivolously by the nuclear-freezers. So how to explain the robust $8.2 million in ticket sales on its first weekend of release, when most Americans were engaged in the sissy activity of watching the Olympics? Perhaps...
...Aqaba, and another that would join with Saudi Arabia's petroline and carry Iraqi oil to the Red Sea port of Yanbu. Iraqi officials talk of finishing one or both projects within 18 months. Together with the existing line that carries 1 million bbl. a day of Iraqi crude through Turkey, these pipelines would give Iraq an export capacity of 2.5 million bbl. a day, twice its present OPEC quota...
...buying arms on the world market, partly because the U.S. has made an effort during the past two years to stop the flow of weapons not only from American suppliers but from U.S. allies as well. As a result, Iran today is manufacturing more and more of its own crude weaponry. There is little doubt it has the ability to make floating mines...
...provincial capital of San Miguel. After a battle on May 6, Salvadoran government troops found Bulgarian-made ammunition and a North Vietnamese mortar sight that Gorman said "probably" arrived in the April 28 shipment. Then Gorman displayed a map discovered at a guerrilla campsite on May 25. The crude chart showed "safe routes" nearly identical to those that Gorman had earlier outlined...
Fears of a free fall in crude prices resounded last week throughout the oil industry. Said Gulf Chairman James E. Lee: "I think we are kind of on a razor's edge." Texaco, Quaker State and Standard Oil of Indiana lowered the rates they would pay for some types of U.S. crude by as much as $2 per bbl., to $26. The trend may force two big producers, Britain and Nigeria, to mark down the official price of their crude. Said Constantino Fliakos, oil analyst at Merrill Lynch: "If that happens, OPEC ultimately would suffer and have to lower...