Word: excessive
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Dates: during 1980-1989
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...moment the worldwide oil glut enables the American public to indulge its taste for imported energy without driving up prices. Excess capacity totals some 12 million bbl. a day, about 75% of which can be found in the Middle East. But the glut may vanish within five years, as growth in non- Communist economies soaks up the surplus. Says Daniel Yergin, president of Cambridge Energy Research Associates, a Massachusetts-based consulting firm: "We expect the world oil market to look radically different in the early 1990s...
...rallying cry. William Faulkner later appraised him as one of the most important contemporary American writers. But even in his lifetime, Wolfe was cruelly parodied, and after his death from tuberculosis in 1938 at the age of 38, he fell into disfavor, a symbol of self-indulgence and creative excess...
...board was able to determine that at least $23 million in profits from the arms sales was available for diversion. This includes $3 million from the first two Israeli shipments and $20 million from the four U.S. deliveries. In each case "the price charged to Iran was far in excess of what was paid to the Department of Defense." The board reports that "nothing is known" about the disposition of the Israeli profits and that other excess monies "remain unaccounted...
Economic forces on both sides of the Pacific have helped set off this international game of Monopoly. For one thing, Japan's incredible export machine has created a huge pool of excess capital. Japan's trade surplus with the U.S. in 1986 alone was $58.6 billion, and exchange-rate changes over the past two years havesharply boosted Japanese purchasing power in the U.S. The dollar has depreciated in value against the Japanese currency by some 40%, from 260 yen in February 1985 to 153 yen last week. That makes even Manhattan prices seem reasonable. Example: a building that cost...
...explain, massage helps lower blood pressure, speed up healing of injured tissue and aid in keeping muscles supple. But, they caution, it is not a panacea, and it is not recommended for those with circulatory ailments. One thing massage will not do, myths to the contrary, is rub away excess weight...