Word: gulf
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Dates: during 1970-1979
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...tensions in Azerbaijan can only further stir Iran's other jostling eth nic minorities-the Kurds in adjoining Kurdistan, the Arabs near the Persian Gulf, the Baluchis and the Turkomans to the east. Last week there even came a brief incursion by the Iraqis across their disputed frontier. The Kurds are most likely to cause trouble next. These flinty, well-armed peasants, isolated in their mountain hideaways, have in the past fought more fiercely for independence than Iran's other dissident minorities, and a cease-fire agreement that they signed last month with the Khomeini government just expired...
...Those 23 warships off the Persian Gulf, cradling more firepower than all our vessels of World War II, seem to have sunk out of sight. The American hostages are still being held in Iran. The allies continue to run around in circles instead of bolstering our position. Outrages like the ambush killing of four Americans by Turkish leftists in Istanbul last week are threatening to become commonplace. Molasses in December...
...promising areas for new finds of these fuels lie offshore, under water depths ranging from a few yards to 1,000 ft. or more. Oilmen have been drilling into the outer continental shelf since the mid-'50s, and the 20,000 wells they have sunk, mostly in the Gulf of Mexico, account for 14% of the nation's current domestic oil production and 23% of its gas. The next place they hope to develop as a major energy source is a tough one: the floor of the ice-jammed Beaufort Sea, about 275 miles above the Arctic Circle...
...power alignment seems likely to emerge in Caracas: a loose coalition among Saudi Arabia, Iraq and Kuwait, the Persian Gulfs three biggest Arab producers, which now dominate the Persian Gulf trade as Iran sinks deeper into internal chaos. Instead of moderate price increases, higher production and cooperation with Washington, the outlook for the cartel as a whole seems to be for substantially higher prices, tighter supplies and increasing disinterest in whatever the U.S. seeks...
...special counsel, has brought 150 enforcement actions totaling $7.2 billion in claims against 35 large oil companies for violating the complex, controversial federal price regulations. So far the DOE has won consent decree settlements amounting to $660 million from Kerr-McGee, Cities Service, Phillips, Gulf, Mobil and other companies. They agreed to settle by posting lower future price increases than the maximum allowed under Government regulations. Getty also chose this method for the remaining $50 million of the consent decree. Now the pipeline is so loaded with pending claims cases that Government lawyers are requiring the companies to stand...