Word: nationalisms
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Dates: during 1970-1979
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THIS WEEK the Carter administration agreed to hear the Iranian charges against the former Shah of Iran at an emergency meeting of the United Nations Security Council. This decision is a positive step toward a de-escalation of tensions and a good sign that the administration understands that the Iranians must have an international forum--a place to blow off steam--if a military confrontation is to be avoided and the lives of the hostages saved. Without compromising the nation's stance on the sanctity of foreign embassies and decisions to grant asylum, the United States can take steps...
...Louisiana's Russell Long, the Finance Committee chairman who is the floor leader of the Senate debate, says the tax is the political cost that the energy industry must pay in order to end crude oil controls. Long, who himself has extensive oil holdings, argues further that the nation can no longer afford a witch hunt against the petroleum companies. Last week he told a cheering Manhattan meeting of energy producers: "Those who defame us, curse us, abuse us and lie about us, would be in one hell of a fix without us." The Senate is expected to pass...
...proposal by Anti-Inflation Adviser Alfred Kahn for a 50? per gal. tax. Even Connecticut Democrat Toby Moffett, a former rationing advocate, now concludes that that step "should be the last resort." But if plaintive appeals from Washington to "drive three miles a day less" go unheeded, the nation may be forced to begin considering such Stygian last resorts...
...steep rise follows an unexpectedly sharp decline earlier this year. Then, the major oil companies and the nation's 12,000 independent smaller operators, who account for about 80% of all drilling, were putting off new exploration. Major reason: uncertainty over the decontrol of oil prices and new natural gas pricing regulations. The turning point came in June when crude began to be decontrolled. Oil from wells "newly discovered" after Jan. 1, 1979, began to sell at $28.81 per bbl. delivered to the refinery, rather than the artificially controlled price of $13.86. The additional oil from older wells produced...
...haunted battlefields of the Civil War and the avarice of the Gilded Age as the disturbing context of Henry's and Clover's lives suggest a climate of deepening despair. It is the climate of this richly allusive book, whose central characters are part of the nation's root and fiber, though they lived against the American grain...