Word: leading
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Dates: during 1970-1979
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Nonetheless, as the campaign entered its final week, most polls showed that the Conservatives' lead over Prime Minister James Callaghan's Labor Party had dropped from 20% or more to less than 6%. At week's end yet another poll by Market and Opinion Research International (MORI) indicated that the Tory margin had shrunk to a bare 3%; a 6% lead might translate into a majority of 30 seats or more, but the MORI sampling of voters suggested that this Thursday's election had become too close to call. Beyond that, other polls indicated that Callaghan...
...care of older people depend upon a Labor majority," he told a partisan crowd of 70 people in the Lancashire town of Rawtenstall last week. Responding to Thatcher's tough stand on union abuses, he charged that Tory plans for legal reforms in industrial relations could lead to a disastrous conflict of views between the unions and government. The union leaders, whose battle with Callaghan over his proposed 5% wage ceilings led to a bitter winter of strikes and slowdowns, endorsed the message, closing ranks as they had not done for years. Pledging his allegiance to Labor, Moss Evans...
...free to climb to the world level, domestic output is likely to rise as companies pump more oil out of existing wells that are now uneconomical to keep on stream. The battle between Carter and the oil industry over his windfall profits tax concerns whether decontrol will also lead to increased exploration and drilling of new wells that will raise production. The President has repeatedly hit the industry with the charge that oilmen will just pocket the profits from decontrol. Even under existing price controls, however, the industry has spent far more than ever before in its history...
Decontrol could lead some oil companies to drill merely for the sake of appearances. Opinion among Exxon's top management was divided on whether to invest what eventually became $460 million last year in a so-far futile search for oil in the Baltimore Canyon area of the Atlantic. Though preliminary seismic studies were not encouraging, the company went ahead anyway. The decision was made partly on the grounds that it could not be seen as declining to explore in an area so close to the petroleum-hungry Northeast...
What is needed, of course, is an energy policy to lead the U.S. from its dependence on petroleum, especially imports. Energy Secretary James Schlesinger is probably too pessimistic when he warns that a severe global supply squeeze could come as early as the mid-1980s, but the nation will be in increasing jeopardy anyway. The threat is not that some day soon there will be much too little oil, but that consumers will have to pay ever more extortionate prices to get it. Says Guido Brunner, the Common Market's energy commissioner: "We have to realize that...