Word: demand
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Dates: during 1970-1979
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...respond quickly to the home heating oil crisis dramatically points up the dangers of a piecemeal approach to the broader energy crisis. In addition to a comprehensive plan to ease the crisis on the supply side of the energy equation, immediate attention must be paid to easing American demand...
...difficulty of course arises when it would be possible for you to support him and take care of him, but you would rather not. You might agree if the demand were only for an evening, but hesitate if it were for the rest of your life. Do rights then depend upon the time factor? You could claim a certain moral responsibility towards another human being. But it is hard to say that he has the right to force you to support him. You are not legally required to help an old lady across the street...
...Arab states have received no rise in gas allocations or any dip in oil prices. OPEC is hardly a non-profit organization offering lollipops to friends and depriving foes. Rather, it is a business that distributes a limited supply of gasoline and oil to an ever-increasing worldwide demand...
Still, there is an amber light flashing caution in the industry. Even with the substantial customer demand and profit margins that average from 8% to 10%, automakers fear that some of these high-strung dream cars may be speeding down the road to extinction. They will hardly be done in by soaring gas prices. A West German dentist earning more than $100,000 is unlikely to quibble over an extra 50c or so a gallon. And in fact the graceful sprinters with the impeccable pedigrees sip gas daintily, considering their performances: a Maserati Quattroporte gets 16 m.p.g...
...small, but it is nimble. Last week American Motors Corp., which produces only 1.83% of the nation's cars, swung a deal with Renault, the French-owned automaker, that should help it cope with the expected demand for small, gas-stingy cars. AMC will get $150 million from Renault, $50 million in credits, and the rights to build the French company's newly designed front-wheel-drive car starting in 1982. The U.S. firm would thus have an entry to challenge General Motors' X-body compact cars, which are now being marketed, and the new models that...