Word: excessives
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More substantive criticism centers on the allocation programs devised by Simon and other officials of the Federal Energy Office. The plan for crude oil at one point forced oil companies that had supplies sufficient to run their refineries at more than 76% of capacity to sell the "excess" to competitors who had less, at low Government-mandated prices. Rather than do so, FEO officials believe, some oil companies slashed imports. Some Government officials complain that weeks passed between FEO'S discovery of a decline in imports and Simon's decision to order needed changes in the program...
Citizens for Participation in Political Action (CPPAX), spearhead of the anti-Park Plaza movement, claims that the Boston development will abuse the power of eminent domain and give private developers excess profits at the public expense. The CPPAX--expected to be the main opposition to DiCara in Framingham--outlined an attack against him in a January 15 letter that claimed that qualified legal authorities and a majority of the councilors have stated that the council can rescind the Park Plaza funding because no plan for the project has been approved and no commitments made...
...wide variety of other conservation measures. But the President, supported by the oil industry, objects to a provision that would roll back the prices of nearly 30% of the crude oil produced in the U.S. Primarily, that is so-called "new oil"- the amount of crude produced in excess of 1972 levels-and it is now exempt from price control; prices have gone as high as $10.35 per bbl. The bill sets a basic price of $5.25, but permits increases up to $7.09 if oil firms can provide detailed cost justification for them...
...that is now being written mainly by Critic Clement Greenberg's various followers. A fine recent example is the catalogue to the exhibition staged by the Houston Museum of Fine Arts and tendentiously titled The Great Decade of American Abstraction: Modernist Art 1960 to 1970. With preposterous promotional excess, the catalogue informs readers that what artists like Olitski, Noland, Louis and Friedel Dzubas produced in America in the 1960s can be compared in quality with the work of the impressionists between 1865 and 1875, and Braque, Picasso and Matisse between...
...continue in their present blaze of laissez-faire. In fact, museums do not "make their living" on exhibitions. They are nonprofit organizations that exist in order to present shows - and the distinction matters a lot, because the role of museums is neither to speculate in art nor to make excess money by exhibiting it. (Were this not so, gifts to museums would not be tax-deductible and one of the main sources of tax gravy for private collectors would...