Word: limiteds
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Dates: during 1970-1979
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...backyard barbecue?if the sporadic strikes by independent truckers protesting the scarcity and soaring price of diesel fuel do not cause new shortages at the supermarkets. Gas lines in Eastern cities are getting longer, despite the spread of odd-even sales restrictions, and the Tokyo agreement to limit petroleum imports obviously will do nothing to shorten them, since it is a scarcity of imported crude to refine that caused the lines in the first place...
...bureaucrats, but by the cartel. Whatever their past excesses, it is not the companies but OPEC's members that have banded together to exploit the world shortage of oil and to make that shortage more acute by holding back production. The response of the industrial nations, a forced limit on petroleum imports, will, their leaders agree, bring about a lowering of living standards. In the immediate future, the U.S. most likely will be able to accomplish its goal of holding imports to 8.5 million bbl. per day only by taking one of two harsh steps: either rationing gasoline...
...controls, why have prices risen so much faster than expected? One main reason is that market pressures kept prices below the federal ceilings when gas was plentiful. There was price competition among gas stations vying for customers. When supplies diminished, service stations raised the price to the legal maximum limit-an increase that outstripped the OPEC price rise. Beyond that, retailers who sold below the maximum price were allowed to "bank" the difference; now they can legally add that amount to the price they charge for gas. Such are the vagaries of regulation...
...constitutional amendment that would in effect prohibit abortion in the U.S. In Massachusetts last month, Democratic Governor Edward King signed a tough bill that bans virtually all publicly financed abortions. The Illinois legislature has repeatedly overridden Republican Governor James Thompson's vetoes of bills that would limit state funding for abortions. The courts have thrown out the legislation three times this year as unconstitutional. Complains Attorney Lois Lipton of the American Civil Liberties Union: "It's a Ping Pong match. Legislation, then court cases; legislation, then court cases...
...kills). If the conference fails to act on the U.S. proposal or a similar one, Congress may toss out a legislative harpoon of its own: a bill sponsored by Senators Warren Magnuson of Washington and Bob Packwood of Oregon would deny U.S. fishing rights within a 200-mile coastal limit to any countries that ignore IWC rulings. Such legislation would strongly bolster any moratorium passed by the IWC, which has no enforcement authority. Says U.S. Delegate Tom Garrett: "We're finally starting to put our money where our mouths...