Word: maximum
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Dates: during 1970-1979
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...economic growth has stalled and the international financial system itself has been thrown into turmoil. In 1980, oil-importing nations expect to hit what economic jargoneers have labeled a "synchronized recession." Now no one can be sure how high the cartel will push oil prices beyond their present official maximum of $23.50 per bbl., but demand for petroleum makes a substantial increase certain. Single shipments of crude are being sold on the spot market for as much as $40 to $45 per bbl. This shows just how much people are prepared to pay for oil in the pinch that...
...seventh day. Smoke still rose from the mosque. The Saudis claimed they had captured Mohammed alive, and that he would face the "maximum penalty...
...stiff rise from the current official maximum of $23.50 per bbl. now seems increasingly likely when the cartel meets in Caracas on Dec. 17. So too do market-tightening cutbacks by a number of cartel members eager to keep oil prices high even as the world economy slows...
Saying Easterling "made his money as a pimp," Thomas J. Mundy Jr., Suffolk Country assistant district attorney, requested the maximum punishment during his final argument yesterday. The prosecutor said, "He (Easterling) is anything but remorseful" about the crime he committed...
McGuire offered no explanation for the sentence, which is the maximum punishment for manslaughter under Massachusetts state...