Word: higher
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Dates: during 1970-1979
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PRESIDENT CARTER'S new energy proposals, calling for the gradual decontrol of domestic oil prices and a windfall profits tax on the oil companies, represent a timid, incomplete attempt to resolve the nation's energy problems. Carter has surveyed the sorry state of energy supplies in America, concluding that higher oil prices under decontrol will force conservation, increase production and make alternative energy technologies more price competitive...
There's no reason for anyone to be jealous. The quality of the singers on the Met tour this year is at least as high as in the New York house--even higher, some might argue. Because of the peculiar financial needs of the modern international opera house, tour audiences like Boston's can now see a concentration of talent in one week that New York audiences have to wait months...
LICHTBLAU: Natural gas has a lot of potential at new, higher prices. There is a lot to be found; we have not really looked for it the same way as for oil because earlier there was no market and later prices were set so low that there was no incentive. We still have to sort out nuclear. It is likely that a number of plants now operating will have to be shut down for a period, and new reactors will be delayed...
...Agriculture Department officials argue persuasively that methods that have been used before -price controls, consumer boycotts and increased import quotas-would only hurt now. Reason: today's higher prices are the best way to encourage cattle producers to replenish the herds that they have depleted over the past four years, when beef prices were...
...Every cattleman is going to be making decisions in the coming weeks that will affect prices for a long time." The decision should be made easier because futures prices for cattle have jumped 50% in the past year and reached new records-a sign that prices will go higher in the months ahead. Thus it would pay the cattleman to breed his herds instead of selling them...