Word: crude
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Thus the boosts in posted prices for crude oil-from $3.01 per bbl. last October to $11.65 now-were long overdue. Moreover, Amuzegar said, the producing nations want to cooperate in world development, the oil embargo notwithstanding, because "we are all in the same boat...
Exquisite Profession. This dissolution of the art and artifacts of a whole culture to the crude denominator of bullion was especially ironic in view of the sheer multiplicity of use and image in pre-Columbian goldwork. No two figures are ever the same, and the range of imagery is as profuse as Colombian nature itself: alligators, jaguars, condors, deer, owls, lizards, macaws, and even hallucinogenic mushrooms. To the gaping Spaniards it seemed that anything, among these singular people, could be made of gold, from cooking pots to ceremonial masks and lime holders for coca chewing...
...signed an agreement not to do so. The Government's soon-to-be-defunct Cost of Living Council seemed powerless to stop the rise. Only the Federal Energy Administration appeared capable of vigorous anti-inflationary action. It accused Gulf Oil Corp. of inflating the price of imported crude oil and passing part of the overcharge along to U.S. consumer-a complaint that if sustained, could lead to an order rolling back gasoline prices at the pump. Details of the three developments...
...Federal Energy Administration, which still has price-control authority over oil under a special law, is sued a "notice of probable violation" against Gulf. It accused Gulf of over charging by $46.5 million on crude oil sold by two of its African affiliates to its own domestic units and then passing on some of the alleged overcharge to American motorists and buyers of other petroleum products. Gulf protested that the transactions between its subsidiaries were entirely proper. It will have ten days to persuade the FEA of that; if it can not, the agency can order gasoline and other product...
...price boost to stay ahead. Thus, if a 7% inflation rate becomes accepted, the real rate may be 9%; if 9% becomes acceptable, the real rate may go to 11%, and so on up. Perhaps the final word on indexing is that a crude form was tried in Germany in the 1920s, and factories wound up paying their workers daily so that the workers could spend the money before it lost still more value...