Search Details

Word: factly (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
Sort By: most recent first (reverse)


Usage:

There are, in fact, convincing reasons, some of them highly technical. Gasoline prices are federally controlled, but ceilings vary from station to station, some right across the street from each other, because their expenses vary. The price control formula permits dealers to offset the cost of gasoline, the rent on their gas stations, the wages of their employees and other overhead expenses, and still earn a profit. For competitive reasons, dealers normally sell at somewhat less than their maximum allowable prices; drivers shop around for the best prices when supplies are ample. But when a small surplus of oil turns...

Author: /time Magazine | Title: Inside the Big Oil Game | 5/7/1979 | See Source »

Though the companies are only doing what is necessary to keep the oil flowing, their public-image difficulties are compounded by one economic fact that no oilman can explain away: for better or for worse, the Seven Sisters, and many of their smaller competitors as well, have interests that are often parallel to those of the price-gouging OPEC cartel...

Author: /time Magazine | Title: Inside the Big Oil Game | 5/7/1979 | See Source »

...Delaware corporation that is jointly owned by Exxon, Texaco, Mobil and SoCal, and pumps the oil that flows from Saudi Ara bia. Last year the company earned profits of more than $580 million, but it paid no U.S. income taxes at all on its Saudi bonanza. In fact, it has paid no such taxes since...

Author: /time Magazine | Title: Inside the Big Oil Game | 5/7/1979 | See Source »

...those fact-finding junkets that send conscientious Congressmen to the Great Wall of China, the Pyramids, the Louvre. Or, in the case of Kansas Senator Robert Dole, en route to a United Nations food conference in Rome, to the village of Castel D'Aiano near Bologna, where he hoisted one or two with some townsmen. Dole's visit was not so much a junket as a sentimental journey. It was at Castel D'Aiano 34 years ago that the Senator, then a young infantry officer, led an attack across the Po River. He was wounded by enemy...

Author: /time Magazine | Title: People, May 7, 1979 | 5/7/1979 | See Source »

Political recruiting sessions? Insurrectionist cells? Hardly. All the participants were in fact earnest Roman Catholics and members of the most influential movement among Latin America's 300 million faithful, the small constantly spreading groups called comunidades de base (base communities). There may be as many as 150,000 comunidades, 80,000 in Brazil alone, chiefly in the destitute states of that country's north and northeast...

Author: /time Magazine | Title: Religion: The Church of the Poor | 5/7/1979 | See Source »

Previous | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | 123 | 124 | 125 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | Next