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Opposition has surged, then faltered, then lately surged again. Now the final tally is too close to call. The Reagan Administration appears to have tried everything from crude offers of pork-barrel projects to invocations of biblical Armageddon to defend its proposed sale of AWACS radar planes to Saudi Arabia. Yet when the Senate votes on the sale this week, conceded Reagan's Senate proconsul, G.O.P Leader Howard Baker, "it may still be lost...

Author: /time Magazine | Title: When Push Came to Shove | 11/2/1981 | See Source »

While demand edges upward, supplies are going down. U.S. crude-oil inventories now stand at about 19 million fewer barrels than they did a year ago at this time. No oil glut promises to come to the rescue if supplies grow tight during the winter. Indeed, the cushion of excess inventory over normal levels dropped during the summer from 500 million bbl. to roughly 200 million bbl. or so by last month. Energy Analyst Constantine Fliakos of Merrill Lynch now warns that supply and demand could be in actual balance before the end of the year...

Author: /time Magazine | Title: Petroworries | 11/2/1981 | See Source »

...Last week the 13-nation Organization of Petroleum Exporting Countries announced that it was calling a special meeting for this week in Geneva. Out of it could come an agreement by the Saudis, who pump almost half of OPEC's total production, to raise the price of their crude by $2, to $34 per bbl., re-establishing that as the new, and lower, "official" OPEC price. With overall prices lower, Petroleum Expert Walter Levy warns that the incentive to find and develop alternatives to imported oil will decrease, making the U.S. and the rest of the world more vulnerable...

Author: /time Magazine | Title: Petroworries | 11/2/1981 | See Source »

...problem inherent in the nature of the short, low-budget film. In Dozens this is merely a minor flaw far outweighed by superb directorial sensibility and the outstanding performance of the actors. The camera rarely strays from Margolies, who plays a sensitive mother as well as the crude, masculine game of dozens. Her experience as a stage actress, primarily at the Stage One Company, lies beneath her effortless virtuosity. Her Sally is highly feminine, but not stylized--a pig-tailed, funky adult who speaks low and jivey. Mason is a naturally-grinning blond whose well-practised mannerisms reek of reflex...

Author: By Philippe L. Browning, | Title: Playing the Game | 10/26/1981 | See Source »

...Bonn, officials privately called the approach heavy handed, fearing that it would attract attention to U.S. interests in Egypt, fan further Islamic unrest and lend substance to Soviet charges that the Egyptian government is an American puppet. Right on cue, the Soviet press accused the Administration of "crude interference" in Egypt's affairs and insisted that the U.S. was "feverishly stepping up war preparations in the Middle East...

Author: /time Magazine | Title: Egypt: Mubarak Takes Over | 10/26/1981 | See Source »

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