Word: flows
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Dates: during 1970-1979
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...more painful new era of energy shortages. These huge ships were the last to be loaded before the Arab states blocked all petroleum shipments to the U.S. in retaliation for American support of Israel. The Arab move is expected to diminish by a disruptive 18% or more the minimum flow of fuel that the nation needs to run its industries and farms, heat and light its homes, schools and offices, and keep its cars, trucks, buses and planes moving...
...about Dec. 9, the date Kissinger originally proposed, in order to sustain the diplomatic momentum created by the war. The U.S. is also anxious to get the meeting started, so that it can argue to the Arab oil-producing nations that they might just as well step up the flow of oil while the conference is in progress...
...from their earlier forecasts of real growth. Harvard's Otto Eckstein, head of Data Resources Inc., believes that the G.N.P. will increase by 1.6% instead of 2.6% next year, assuming that the Arabs relent by April 1. But Alan Greenspan says that even if the oil resumes its flow by then, the shortages will have already done enough to prevent the economy from growing that much next year. He looks for at best a 1% growth in the gross national product-and at worst a 1% decline...
...said that if shortages persist, "it may become necessary-may become necessary-to take even stronger measures." Last week Nixon offered a ray of hope that those measures indeed may be avoided. He said that there is "a possibility of some change" in the Arab strategy of reducing the flow of oil to Europe, Japan and other nations. Indeed, Iraq is already pumping oil at full capacity again. Yet the Arabs remain firm in their decision to halt all oil shipments to the U.S. in retaliation for its support of Israel...
...great. The first two were the Toscanini (with Licia Albanese and Jan Peerce as Mimi and Rodolfo) and the Beecham (Victoria de los Angeles and Jussi Bjoerling), both still available in low-priced reissues. Here is the third, with the unpredictable Karajan sculpting the orchestral part with an irresistible flow befitting the Toscanini approach and a touching songfulness that Beecham might have applauded. The bella voce cast is the finest ever assembled to record this work...