Word: czar
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Dates: during 1970-1979
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...Lanuf headed for an unboycotted destination, and that's all the Libyans want to know." One independent Houston oil producer relates stories of tankers meeting and transferring crude from one ship to another on the high seas to get around the embargo against the U.S. Even Federal Energy Czar William Simon conceded last week that there is "leakage" in the embargo, and added: "I just hope it continues...
Those readjustments come closer with every week. Last week Federal Energy Czar William Simon asked gas stations to limit sales to ten gallons per customer per visit, and announced that he would make that an order once he receives legislative authority. For the moment, drivers are free to visit a string of gas stations, buying ten gallons at each one?if they can find enough open. But Simon also asked motorists to try to get along all week on ten gallons, a quantity barely sufficient to propel the average
Parking by Number. Energy Czar William Simon wasted no time waiting for Congress to grant him new powers. At midweek he issued a set of energy marching orders, some of which can take effect only when the energy emergency bill becomes law. Under his ukase, lighting inside all commercial and industrial buildings will be dimmed. Simon also proposed that lights on major highways go off except at ramps and interchanges. Limousines and heavy sedans will be taken away from every federal official except President Nixon and Vice President Ford, and all federal vehicles will be driven 20% fewer miles. Parking...
...Ignore the convulsions in Chile induced by two years of U.S. economic poisoning. Nixon's explanation still rings false. The crisis would be here even if it weren't for the fact that the Arabs had picked up a few ungentlemanly American tricks. Even Nixon's handpicked energy czar, William Simon, says that the Arab embargo is only a convenient focal point, a catalyst that has speeded things up a bit but not changed the basic picture. Or as Frank Ikard, president of the conservative American Petroleum Institute, put it: "We are going to be short of energy...
Another vital change is the substitution of Simon's driving administrative approach for the slow, cautious methods of his predecessor as energy czar, former Colorado Governor John A. Love. On Wall Street, Simon throve as a bond trader who regularly had to make quick decisions on deals involving many millions of dollars, with painful penalties for failure. A long-hours man who regularly lunches at his desk (on enormous delicatessen sandwiches), Simon does not believe in large formal meetings that seek to form a consensus among those attending. He prefers to get information and advice from close aides...