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Perhaps 80% of the huge increase will ultimately return to industrial nations in the form of investments or orders for capital and consumer goods. But the oil companies, which calculate their present profit at only 1? per gal. of gasoline, will raise prices soon in Europe and Japan, probably by an average 1.5? per gal. Last week gasoline prices in West Germany went up by 2? per gal. for regular and 1? for high-octane gasoline. Ticket prices may rise for London omnibuses, and Britain faces the uncomfortable prospect of paying $600 million more for imports by 1975 because...

Author: /time Magazine | Title: OIL: Power to the Producers | 3/1/1971 | See Source »

...They'd much rather have me take the easy route-go to law school, work for Ropes and Gray, and live in Milton." On the other hand, his grandmother, who lives on the bottom floor of their two-family house, is more enthusiastic. "She's just a great old gal," DiCara smiled, "I think she gets a kick out of telling her friends about...

Author: By Bennett H. Beach, | Title: The Larry DiCara Story Or "How to Become Mayor of Boston" | 2/20/1971 | See Source »

Dumping bilge oil at sea is a naval routine as old as diesel-powered ships. But when Navy ships recently dumped 637,000 gal. of sludge and oil off Mayport, Fla., threatening resort beaches along the Florida coast, the public outcry was heard in Washington. Testifying before a Senate subcommittee chaired by Senator Edmund Muskie last week, Navy Secretary John H. Chafee frankly admitted that the dumpings violated "the spirit and intent of legislation signed by the President [the Envfronmental Protection Act of 1970] only eight months ago." The Navy, he promised, will belay such practices from now on. Still...

Author: /time Magazine | Title: Environment: Week's Watch | 12/21/1970 | See Source »

...golf, rarely turned up at the Apawamis clubhouse. Says one prominent neighbor and friend of John Mitchell: "I never heard of anyone there who really knew her. Of course, now that she's a celebrity, everyone stands around the Apawamis bar spinning great yarns about how they knew the gal. But I really don't think anyone realized she was there...

Author: /time Magazine | Title: Martha Mitchell's View From The Top | 11/30/1970 | See Source »

Whirlpool last week introduced nationally what it plugs as the first major new home appliance since the clothes dryer hit the market 30 years ago. It is a product for the age of ecology: the Trash Masher. The machine will gobble up 60 gal. of garbage, then spit it out in a neatly packaged, nicely deodorized 9-in. by 16-in. by 17-in. bundle...

Author: /time Magazine | Title: Appliances: Wasting Away | 10/12/1970 | See Source »

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