Word: embargo
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Dates: during 1970-1979
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Supporters of a public firm can also call the major private oil bureaucracies disloyal. During the Yom Kippur War and the Arab oil embargo, American oil companies demonstrated they will not put their home country first--they restricted deliveries to the U.S. proportionally more than to other customers. It is simply foolish to leave all control of a commodity vital to our industry and military in the hands of men understandably motivated by profit alone. The traditional conservative concern for national security should be harnessed to support a federal oil company...
...other world capitals, South Africa's possible possession of the bomb was at least a distant menace to international security. At the U.N., which imposed an embargo on arms shipments to South Africa two years ago, the General Assembly called on Secretary-General Kurt Waldheim to conduct an investigation. In Washington, the House subcommittee on Africa ordered an inquiry. With both Pakistan and Israel also suspected of having or developing a nuclear capacity, the cause of nonproliferation was hardly being served by the prospect that the club was getting less exclusive...
Since the Arab oil embargo nearly every major oil company has been researching technologies for cost-competitive production of fuels from coal, shale and tar sands, with little regard for the environmental consequences. Replacing just ten per cent of the nation's oil production with liquefied coal would require a mining capacity equal to one half of the present U. S. coal output. This would require heavy strip mining, which causes devastating damage to the land...
Improvement in social services, and not in material goods, has bettered the lives of the masses of Cubans. Cuba appears to have suffered enormously from the American trade embargo declared after Castro nationalized American enterprise without compensation. A simply dressed woman who works as a seamstress in central Havana said that although no one is starving, there are no high quality foods and inadequate supplies of what is available. Strict rationing provides her and her fellow workers three cans of condensed milk each month, five pounds of rice, and one pound of meat every nine days. Well into her sixties...
...cornfield convention" of 20,000 Republicans. As Senator, he supported farm subsidies and helped establish the Small Business Administration. An enthusiastic McCarthyite, Capehart staked his 1962 senatorial campaign on a tough anti-Cuba stand ("invade or blockade") and lost narrowly to young Birch Bayh when President Kennedy's embargo of Cuba took away his thunder...