Word: embargos
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Dates: during 1970-1979
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...effective a deterrent it would be. Nearly 40% of all petroleum consumption in the U.S. on any given day is used to run the country's automobiles, and though the price of gasoline has all but doubled in the U.S. since the days of the Arab oil embargo, Americans are today consuming about 7% more gasoline than they were before the price shot up at the pump. Carter's wellhead tax would only add about 60 to 80 to the price of a gallon of gasoline by 1985, and who seriously thinks this will discourage Sunday driving...
...years since the last American troops left Vietnam, the American government's attitude toward Vietnam has progressed from intransigent hostility to grudging near-acceptance. The State Department announced last May it would drop its opposition to Vietnam's application to the United Nations, and promised to lift a trade embargo as soon as diplomatic relations are established; this produced visible results last month, when Vietnam entered...
...cards is a major league pain in the keister (especially when your sweatpants have no pockets) and could be easily alleviated by having a student directory at the monitor's cage. Since the monitors aren't doing anything constructive with their time now since the Harvard White Towel Embargo, they could use the same procedure as the libraries use when someone forgets his or her card...
...thousands of mathematical equations, produce not only forecasts of growth, inflation, interest rates and the like, but also thousands of micro forecasts of specific industries and products. The predictions change as new indicators are reported or major political developments occur. For example, 72 hours after the Arab oil embargo struck in 1973, Data Resources forecast just how much insurance companies' profits would surge because driving-and accidents -would decline...
Detroit engineers long shunned diesels for cars because of their comparatively sluggish performance, noise and weight. But the energy crisis that started with the Arab oil embargo of 1973 caused GM designers to take another look. The diesel gets anywhere from 15% to 25% more miles per gal. than a gasoline-powered engine. Besides that, diesel fuel, which is essentially highly refined fuel oil, can cost as much as 10? per gal. less at the pump than regular gasoline depending on the area of the country. And the diesel engine, which has no spark plugs or distributor points, requires less...