Word: ifs
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Dates: during 1970-1979
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There he confronts the sourest and most apprehensive national mood to hang over a 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...
In the end, the leaders agreed because they knew that in the face of the OPEC threat they could not afford to leave Tokyo without some sort of accord. But the import limits are the kind of solution that is only to be described as better than nothing. They will...
Last week's action, the second OPEC money grab in only three months, creates an official split in the cartel's price structure. After three days of closed-door bickering between avaricious hard-liners like Iran and Algeria and so-called moderates like Saudi Arabia and tiny Qatar...
If Libya, which pumps some 2 million bbl. daily and is the cartel's fifth largest producer, were to take such a step, the additional squeeze on world petroleum supplies would be devastating. Even though Gaddafi has made bombastic threats before and never carried them out, the shares of...
To combat the closings, many states have issued orders to stations to stay open on either Saturday or Sunday, and Gulf Oil Corp. instructed 350 of its 800 company-owned stations to provide gas in 26 states east of the Rockies on Sundays starting July 1. But most owners are...