Word: low
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Dates: during 1970-1979
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...bravado was quickly underscored by a rash of surcharge announcements. Algeria and Libya both added $4-per-bbl. premiums to their much-in-demand low-sulfur oil, as did Nigeria, a nation that has made a practice of haphazardly squandering its petrodollars almost as blithely as Americans waste oil. Kuwait, Iran and Venezuela tacked on $1.20-per-bbl. surcharges. Mexico, though not an OPEC member, also got in on the gouging game; it added...
That estimate may be much too low. Not only will the OPEC action add at least 2? to the already rising costs of gasoline, but as the price goes up, people will demand bigger paychecks from their employers. That will spread the increases through the whole economy, multiplying the impact. The latest OPEC boost will have a direct adverse effect on the nation's balance of payments. Last week the Commerce Department released some cheering figures showing that the trade deficit shrank in February to a 22-month low, in part because of a $700 million decline...
...around a thick application folder from "Mary." "Whoops!" says Rogers. "A 'Pinocchio'!" In Brown admissions jargon, that means her "guidance counselor has checked off boxes rating her excellent for academic ability but only good or average for humor, imagination and character. On the printed recommendation form, the low checks stick out from the high ones like a long, thin nose. "A rating of average usually means the guidance counselor thinks there is something seriously wrong," explains Admissions Officer Paulo de Oliveira. Mary's interview with a Brown alumnus was also lukewarm, and worse, she has written...
...oarswomen maintained an unusually low cadence of under 32 strokes per minute to combat the inclement conditions...
...Despite the low cadence, the boat still moved. The crew played it cool--that's what they're supposed to do," coach Carrie Graves said yesterday...