Word: embargos
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...buttress the case for his own scheme-and against the oil industry's proposals-the President threw out some dramatic figures during his press conference. He said that in 1973, just before OPEC imposed its oil embargo and sharply raised prices, U.S. oil and gas companies had an income of $18 billion. Under his proposal, Carter said, that figure would rise to $100 billion by 1985-"an enormous increase." But, he said, the oil and gas companies are demanding legislation that would yield $150 billion in revenues by the same year. That $50 billion difference, Carter insisted, "will come...
During the 1973 Arab oil embargo, the nation's major international oil companies did engage in some shortlived and frantic price gouging. That happened when OPEC prices began their dizzy upward spiral and the companies marked up the selling price of imported oil that had been brought into inventory before the prices rose. As much as $5 billion in windfall profits resulted. This happened at a time when the rest of the economy was plunging headlong into the worst economic downturn since the 1930s, and such cynical profit taking gave the oil companies a black eye. Few can forget...
...advisers made overly optimistic predictions in 1973 about the rate at which the University's expenses would rise, in part because the group met before the Arab oil embargo and the continuing energy crisis began to affect the economy. Eckstein said...
...Carter's view of the Middle East after nine months in office is that the area is in an explosive, "unsafe situation" of no war, no peace that endangers the domestic political situation of Arab moderates like Egypt's President Anwar Sadat and heightens the possibility of another oil embargo. Settlement is imperative now, as Carter told the U.N. last week, because "of all the regional conflicts in the world, none holds more menace." In the U.S. view, three problems have to be settled somehow?territory, peaceful relations and the Palestinians ?and the Administration blames Israeli intransigence for much...
...paper, Julia sounds like an exemplary American film. In sharp contrast to most current big-budget movies, it trades in serious ideas rather than comic-book fantasies, and it even has the guts to buck Hollywood's longstanding embargo on heroines by starring two strong, intelligent women who care about other things than men. Since they are played by Jane Fonda and Vanessa Redgrave, it's hard to imagine how Julia could fail -but fail, to a sad extent, it does. For all the taste, talent and money that have been lavished on this film, it is stubbornly...