Word: hiked
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Dates: during 1970-1979
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...nothing but "drift, dawdle and debate" on domestic energy policy. The President theatrically tore leaves off a calendar to demonstrate that he had been waiting since February for some sort of energy legislation. He then announced that he would go ahead with his own controversial, twice postponed plan to hike energy costs in an effort to curb demand and make the nation less dependent on foreign...
...that deregulation would eventually kick up the price of gasoline, residual oil used by heavy industry, diesel fuel burned by trucks and other petroleum products by 5? to 6? per gal. The increased tariff will add another 1½?. Democratic Senator Henry Jackson of Washington claims that the tariff hike alone will boost consumer prices by $2.5 billion a year. The measures are particularly punishing for New England, which imports and burns relatively more oil than any other region; they could add as much as $250 million a year to the area's fuel bill...
...energy that would make the industrial world independent of the oil cartel. Yet, as Kissinger conceded, there is nothing that the consuming nations can do in the next several years to prevent oil producers from raising prices whenever they want to. Indeed, the Organization of Petroleum Exporting Countries may hike world prices by as much as $2 per bbl. in September-a move that would give the American economy a vicious double jolt if Congress and the President let all U.S. price controls die a month earlier...
...number of consumers say that they are more willing to spend their rebate money now than they would have been earlier this year because they have less fear of hard times. Last week the Government reported that manufacturers' orders for durable goods jumped 9.8% in April, the biggest hike since 1967. Consumer prices in April rose at an annual rate of 7.4%, about double the abnormally low March pace, but the increase was still less than in any month during 1974. Consumers may not follow the detailed figures, but they have heard the forecasts of upturn, and some...
...appearance of Sam Pillsbury's article on rent control two days before a city-wide rent-hike strike is unfortunate. Pillsbury's "balanced" analysis is written from the perspective of the traditional urban planner ignoring the political realities which would scuttle even his most well-intentioned reforms and force tenants to resist rent increase--even though some landlords may be hurt and building maintenance may suffer...