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...Year of Living Dangerously makes no such claims, and therein lies its appeal. Weir's film doesn't provide all the answers. It only throws these problems out on the table, as if attempting to scratch somewhere beyond the too-easy conflicts of the political arena. The result is crude, very unpolished, but in its own way perhaps the most honest piece of work one can expect from Hollywood on the immense human problems of the Third World...

Author: By Michael J. Abramowitz, | Title: Bigger Than Hollywood | 2/22/1983 | See Source »

Some of the biggest buyers of crude oil decided not to wait for producers to drop prices. Led by Gulf Oil Corp., all the major U.S. oil refiners announced a $1-per-bbl. reduction, from $32 to $31, in the price they were willing to pay for oil from independent producers in the U.S. Gulf also curtailed its purchases of North Sea oil, and was reported to be selling oil on the spot market at significant discounts. The moves were clearly designed to force down the price of crude from overseas suppliers, including the OPEC countries...

Author: /time Magazine | Title: Trickle Down | 2/14/1983 | See Source »

Whoever lowers the price first, oil experts predict, the average cost of crude oil to U.S. refiners will fall about $2 per bbl., to $30. If the cost falls below that level, oil companies will probably begin to buy aggressively, and the price will stabilize. Theoretically, a $2 reduction in the crude price could mean about a 5? drop in the price of a gallon of gasoline. Because of sluggish demand, gas prices have already been drifting down from an average of $1.29 per gal. a year ago to $1.18 per gal. now. At a few stations in some areas...

Author: /time Magazine | Title: Trickle Down | 2/14/1983 | See Source »

...production ceiling. Several of the OPEC Oil Ministers will be in Venezuela this week for the dedication of a new refinery. Although no formal meeting is scheduled, the ministers will undoubtedly be searching once again for a common strategy to take control of the falling cost of crude...

Author: /time Magazine | Title: Trickle Down | 2/14/1983 | See Source »

...full of that kind of fine, mad logic, and Scorsese's edgy style, nervous and bright, fits the subject perfectly. By the time Rupert kidnaps Jerry, demanding air time for his monologue, and making everyone believe that death is his downside, the movie is irresistible, though a crude coda, which makes explicit the social criticism long since implied, is eminently resistible. But if it blunts it cannot spoil a film that will itch on the memory...

Author: /time Magazine | Title: Cinema: Beyond the Fringe of Fandom | 2/14/1983 | See Source »

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