Word: exportability
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Indeed the Administration was savoring a rare bit of encouraging news from Iran. After four months of revolution that cut its export production from 5.5 million barrels a day to zero, the country's 27,000 drillers, engineers, technicians and other oil workers began returning to their jobs. In the fields of Marun and Ahwax Asmari, in the refineries of Abadan, and at the pumping center of Ahvaz, precious petroleum is beginning to flow anew as the industry struggles to resume limited export production...
Blumenthal came under considerable pressure from his hosts to help get China most-favored-nation status, which would cut U.S. tariff barriers. But China's immediate export potential is modest. The size of the country's mineral and oil reserves is uncertain, and they cannot be quickly exploited. Joint ventures will help, and the most likely schemes will give foreign companies a 49% stake if they put up the cash and expertise in exchange for a share of future production. Talks along these lines are already going on with major U.S. oil companies, which want to explore offshore...
...supplies fall, the price of oil is going up. Though Saudi Arabia and some other OPEC nations have been pumping an extra 3 million bbl. per day at higher prices to offset some of Iran's export shortfall of 5.5 million bbl. per day, the net world loss of 2.5 million bbl. has still started what some oilmen describe as a wild scramble for crude in the free market. Since mid-December the spot price has nearly doubled, to at least $22 a barrel, vs. the OPEC cartel's price of $13.34. This windfall profit for European...
...have realized the irony of his comment. For as he extended his hand, the Commerce Department, unknown to the President, turned what was proferred as a handshake into a slap in the face--on the same day, the Commerce Department announced its unilateral decision to close a big export promotion center in Mexico, making a mockery of Carter's trip, which was supposed to open up lines of communication between the two nations on the very question of improving trade relations...
Britain has provided the island with aid to shore up the faltering economy which is entirely dependent on the export of bananas and has promised an independence gift of $20 million as well...