Word: gas
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Dates: during 1970-1979
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Melvoin watched as motorists pleaded, cajoled and, not infrequently, remained civil while Harrington tried to equitably apportion his meager supply of gasoline. Concluded Melvoin: "A gas-station owner is just another confused citizen, trying to get a handle on what's going...
...Fourth of July holiday in years. For millions of citizens penned at home by exasperating gasoline shortages, the only celebration will be a backyard barbecue?if the sporadic strikes by independent truckers protesting the scarcity and soaring price of diesel fuel do not cause new shortages at the supermarkets. Gas lines in Eastern cities are getting longer, despite the spread of odd-even sales restrictions, and the Tokyo agreement to limit petroleum imports obviously will do nothing to shorten them, since it is a scarcity of imported crude to refine that caused the lines in the first place...
...recent weeks has sent the price of oil leaping to as much as two and even three times the officially quoted rate of $14.55 per bbl. After the cartel's communiqué was read to reporters at the Hotel Inter-Continental, and delegates had rushed to their gas-guzzling limousines parked at curbside, Saudi Arabia's natty oil ministers Sheik Ahmed Zaki Yamani, said, "I don't blame you if you are confused...
Wherever one caught a glimpse in Vienna of the American and Soviet systems displayed side by side, the beauty of freedom showed through. That is not to diminish the danger from the Russians or to ignore the problems of America, but along the Danube, far from gas lines and the catcalls of presidential candidates, one appreciates an open system that renews itself...
...takeover could be highly beneficial for Chrysler, which is struggling under a $50.6 million short-term debt. The company urgently needs infusions of fresh capital to modernize old plants and increase its output of small gas-sipping models. But a Chrysler deal would make little sense for Volkswagen, which has just regained its old momentum after a long period of drift, during which Japanese automakers zipped past it in many major markets. Detroit executives point out that Volkswagen, which is the most firmly established foreign automaker in the U.S., does not need Chrysler's dealer network or antiquated plants...