Word: crude
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...from the Mediterranean to the Indian Ocean could be plunged into prolonged turmoil and stress. Having lost access to Iran's oil, which once provided almost 50% of their needs, the Israelis are eager for a settlement with Egypt that would allow them buyer's rights to crude pumping from the wells in Sinai and the Gulf of Suez. The Ayatullah's zealous denunciations of Israel raised fears that some of the sophisticated U.S. weaponry purchased by the Shah might eventually be lent or sold to an Arab confrontation state. As for Egypt, President Anwar Sadat...
Iran started turning off its oil spigots last October and completely shut down exports on Dec. 26, but the resulting shortage in world crude supplies has not yet significantly hit oil-thirsty consumers. The crunch of '79, however, will soon become real enough to hurt. The last tankers loaded with Iranian crude have completed their monthlong, 11,000-mile voyage to America's East Coast ports and more and more large U.S. oil companies are cautiously beginning to husband their stockpiles to prepare for a long energy siege...
Another unpopular measure to spare energy would be to moderate some antipollution regulations. The American Petroleum Institute estimates that the extra crude required to make unleaded gas for new cars with catalytic converters amounts to 140,000 bbl. per day, and the Department of Energy figures that yet another 500,000 bbl. will be added to daily demand if the next legally mandated reduction in gasoline additives goes through as scheduled in October...
...price to unacceptable levels. A pipeline to carry the oil across the country has been stymied for six years. Initially the problem was just to get the necessary 700 federal state and local permits. Now California environmental authorities are blocking construction of dock equipment to handle the crude, for fear that merely unloading and pumping it into the pipeline would pollute...
There is the expected quota of mock anthropology and imaginary biology; the most eccentric and striking example of that genre being a pair of crude effigies of horses, made from sticks, chicken wire and mud by the California artist Deborah Butterfield. There is also a hilarious piece of funkiness by a Texas sculptor, James Surls, representing a tornado chewing through the roof of a church; Surls' debt to that master of buckeye surrealism, H.C. Westermann, is ob vious enough, but the image has a wobbly comic-strip blatancy about it that carries conviction...