Word: holding
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Dates: during 1970-1979
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...hold down domestic prices, the Department of Energy urged oil companies not to buy crude on the spot market, where prices are up to $12 higher than the world average of $18 per bbl. There is some debate among oilmen over the degree to which this policy affected supplies. In any event, because of a change in DOE policy last week, the companies are now free to buy on the spot market, though several of them are reluctant to do so until the Government assures them that they can pass the extra costs on to consumers...
Curiouser and curiouser, thought the Colombians. But at week's end there was little they could do with the bungling duo but hold them in custody for violating Colombia's airspace, an offense punishable by a fine of up to $125,000. The Houston fire department hopes the men will be back home in a few days. They may still, however, face an investigation by the U.S. Drug Enforcement Administration, which estimates that several hundred tons of marijuana come in from Colombia each month-minus, of course, the 1,500 Ibs. that may or may not have been...
...youth. Reports Denise Bourcq, manager of Chicago's Gloria Marshall Figure Salon: "The majority of women we see are between 30 and 45." Even Geritol, that elixir of the sunset years, has aimed for some time now at a younger, still attractive woman who wants to hold on to her health...
...costs. Says Duke University's William Anlyan: "You must have someone who is a rat and not a mouse on the hospital board?someone has to say no to a request for buying a $100,000 piece of equipment." If the Government and private insurers provided an incentive to hold down costs, the "rats" could force a much greater sharing of facilities. Detroit's Henry Ford Hospital, for example, provides computerized electrocardiogram analysis for seven other hospitals in Michigan. When a heart patient checks into Crystal Falls Community Hospital in the Upper Peninsula, a physician attaches wires to the patient...
Patients now are asked to produce their insurance or Medicare cards before they state their symptoms; once satisfied that they are covered, they rarely even ask what the treatment will cost. Thus demand expands no matter what happens to the national income. Increases in supply do not hold down costs, as they would in a conventional market, quite the opposite. Hospitals build more beds than there are patients available to occupy them: some 25% of the more than 1 million hospital beds in the U.S. are unused