Word: dec
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Dates: during 1970-1979
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...supplies. With spot prices now hovering at $40 or more per bbl., nearly twice the maximum official OPEC price of $23.50 for oil sold under contracts of three months or more, OPEC members are clamoring for a hefty new increase when the cartel meets in Caracas on Dec. 17. Notes a top Carter Administration official: "Spot prices are the locomotive now dragging OPEC prices along." Adds Data Resources' Eckstein: "Our present forecast has OPEC prices going to $26 per bbl. during 1980, as a result of the current situation in Iran, and perhaps $29 in 1981. But if Iran...
...Francisco's assertive homosexual population unexpectedly won the balance of political power in that city. Mayor Dianne Feinstein had expected to win a majority, but she polled only 42%. That forced her into a Dec. 11 runoff, which she might lose to Runner-Up Quentin Kopp, a conservative member of the board of supervisors. One reason Feinstein failed to win was the success of minor candidates: Punk-Rock Singer Jello Biafra astonished even himself by taking 3% of the vote. More significant, David Scott, an openly homosexual real estate agent who called Feinstein and Kopp "Tweedledum and Tweedledee...
Three times, between Dec, 16, 1811, and Feb. 7, 1812, such scenes were repeated as major earthquakes jolted the region around the small Mississippi River town of New Madrid, Mo. Because the region was sparsely inhabited, few lives were lost. Still, the shocks were so powerful that they caused church bells to ring as far away as Charleston, S.C., stopped pendulum clocks in Washington, D.C., and shook buildings in New York City. No seismographs existed at the time, but detailed descriptions by survivors indicate that the intensities of the three quakes would have ranged between...
...spot market chaos will fuel demands for a big new surge in official OPEC prices when the cartel meets in Caracas on Dec. 17. Already Algeria and Libya have pushed their prices beyond the ceilings set by OPEC in June, and last week Nigeria jumped to $26.27 per bbl. Oil executives now gloomily forecast that the official OPEC ceiling could soon reach $28 to $30 per bbl., raising the U.S. energy import bill from some $65 billion this year to as much as $90 billion next year...
Puopolo died on Dec. 17,1976, a month after he was stabbed. Easterling, Soares and Allen were convicted of the murder in March, 1977, but the Massachusetts Supreme Judicial Court granted them a retrial earlier this year because the court said the prosecution had systematically eliminated blacks from the jury. The three defendants are black...