Word: demands
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Dates: during 1970-1979
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...paper, the U.S. at long last seems to be tempering its petroleum profligacy. Annual growth in demand subsided from 5% as recently as 1977 to 2% last year. But nearly all the improvement has come from conservation by industry, while individuals blithely go along wasting fuel. Not only has demand for gasoline, which accounts for one-third of the nation's fuel bill, continued to grow fast, but U.S. dependence on foreign oil has increased by nearly 50% since the 1973-74 Arab oil embargo, and this year will reach some $50 billion...
When technical hiccups occur, the whole global system often begins to tremble and twitch. Example: just as U.S. refinery capacity was being strained by the demand for gasoline, Exxon was hit in late March by a freak fire at its Bayway Refinery in Linden, N.J. The accident has knocked out some 160,000 bbl. per day of refining production until at least June. That has kept the company switching around tankers on the high seas, sending them to other refineries in a desperate rush to make sure that every drop of crude is refined in a hurry...
...OPEC's cutbacks, the cartel's price increases have a snowball effect. With supplies tight, retail prices in the U.S. begin edging up to the maximum. Then, when OPEC raises its crude oil charges, the U.S. Government allows the price controlled ceiling itself to creep higher. As the demand for gasoline mounts, the retail price
Since January, demand for gasoline has jumped more than 5% over a year ago. Consumption of unleaded gasoline has soared 25%, far surpassing the capacity of refineries to make enough. To keep abreast of demand, refineries have had to wring every last drop of gasoline out of crude oil shipments, and this has held down production of heating oil. Now, just as the summer driving season is approaching, refineries may have to cut back on gasoline production in order to increase output of heating oil to replenish stockpiles...
...reading, Bible study or training non-priests to lead services in remote districts that the church does not reach regularly. One of that country's priests was asked by his bishop to leave the southern sugar-cane town of Puerto Tejada when he started to help the citizenry demand potable water. In Argentina, government repression has all but destroyed the comunidades. But elsewhere, throughout the hemisphere, the little groups have become a force to be reckoned with. Last February at the Conference of Latin American Bishops (CELAM) in Puebla, Mexico, the comunidades were given a special boost...