Word: largest
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...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 Occidental Petroleum and Marathon Oil, both big users of Libyan crude, came under such intense selling pressure on the New York Stock Exchange that trading had to be briefly halted. Only later was it learned that the irresponsible threat was probably inspired by nothing more than pique. Earlier in June...
...many ways the biggest victim of the cartel will be the largest importer of petroleum, the U.S. OPEC'S increases are expected to add perhaps 100 or more per gal. to gasoline prices by year's end, lifting a typical family's automotive fuel bill by $250. According to one estimate, food prices will go up by some $70 per family, since energy is used intensively throughout the food chain, from farm to supermarket. Anyone unfortunate enough to heat his home with oil is likely to find that the cost of keeping warm in the Northeast this...
...last week. While President Carter met with leaders of six other industrial nations in Tokyo, the Soviet Union's Premier Aleksei Kosygin was conferring with the leaders of the ten nations in the Soviet-led Council for Mutual Economic Assistance (COMECON). The chief problem: Soviet oil production, the largest in the world and chief source of COMECON supply, has fallen 23 million bbl. over five months. Actually, Soviet production was supposed to increase by 154 million bbl. this year to a total of 4.3 billion bbl. The continuing shortage, which has slowed Communist industry for two years, caused...
...largest savings will have to come from a combination of more tax incentives for buying home insulation, wood-burning furnaces and other oil-conserving devices, and much stiffer mandatory conservation rules. A number of innovative companies, including Du Pont, A T & T and General Motors, have reduced their energy use relative to their output by 17% to 30% since the Arab oil embargo of 1973; yet many more firms have gone on giddily wasting energy. Consider the beneficial effects of a 20% surtax on the commercial use of electricity: skyscrapers that are lit up all night long and advertising signs...
...refugee tragedy is most pressing in Southeast Asia, partly because the sheer numbers are too great for nearby countries to handle, partly because the largest body of exiles are victims of the cynical, racist policies of the Hanoi government. The Vietnamese refugees, most of them ethnic Chinese, are leaving their homeland at the rate of 65,000 a month-and their departure is enriching the Hanoi government...