Word: oiled
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Dates: during 1990-1999
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...commercial interests rely heavily on Peru and Ecuador. Conflicts in Panama and Kuwait threatened the purses of this country's wealthy and powerful, thus thousands of Americans flew in to make business safe again. Though Ecuador can claim membership in OPEC and some very rich oil reserves, those veins of black gold aren't anywhere near the fighting and are too small to mean much...
What remained of that mindless optimism-inflation had already eroded it badly-was exploded by the Arab oil embargo and energy crisis of 1973. Almost overnight, opinion swung to the blackest pessimism: the industrial West would be permanently crippled by oil shortages, while Middle Eastern sheiks and emirs raked in -well, just about all the money in the world. One economist, who has since become one of the most respected and powerful in the country, prophesied that in a few years motorists on the New Jersey Turnpike would see oil refineries adorned with signs written in Arabic and pictures...
...Oil Imports Hit Record High
Imports accounted for 50.4% of petroleum use in the U.S. last year, according to the American Petroleum Institute. This marks the first time that consumption of foreign oil has exceeded that of domestically produced oil. Imports reached 8.9 million bbl. per day, eclipsing by 109,000 bbl. per day the previous import record, set in 1977. Lobbyists are expected to use the statistics to pressure Congress to allow oil drilling in the Arctic National Wildlife Refuge in Alaska...
...year-old has-been who last pitched in the majors in 1991 agreed to become baseball's first "prominent" strikebreaker. Former Boston Red Sox righthander "Oil Can" Boyd, who threw five games for the Class A Sioux City Explorers last year before injuring his shoulder, said he would cross the picket lines in a bid to return to the Show: "If this is what it takes, then I'm going...