Word: oiling
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Dates: during 1970-1979
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...outset, Mexican gas will cost the U.S. $3.625 per thousand cubic feet, the equivalent of $21 per barrel for crude oil...
...what price has Cuba been reclaimed for Cubans? Every day Cuba receives nearly two million dollars in aid from the Soviet Union, which supplies the country with oil at half the world market price. Although Cuban society has been transformed internally, Cuba is still dependent on a foreign power. In fact, what has not often been mentioned in the recent furor over the presence of Soviet troops is that Cuba actually has forces of both superpowers on its territory: the U.S. continues to operate a naval base at Guantanamo. The native strength of the Cuban people and their achievements...
...entering recession because the previous boom bounced against the supply constraints of industrial capacity and energy. It was not just Iran which created the gas lines but a more permanent use of energy beyond available supplies. Indeed, the double-digit inflation was created before the recent round of oil troubles, originating in a general shortfall of industrial capacity and renewed food troubles...
...refuse to run for office in the West Bank and Gaza, the "autonomy" road will have turned into a dead end. The U.S., in order to heal its rift with the Arabs other than Egypt--a rift that may have serious effects on the price and quantities of Saudi oil--will have to find a new way, and return to the idea of a comprehensive settlement. If, on the contrary, the West Bank Palestinians, while denouncing the autonomy scheme as insufficient, decide, in agreement with the PLO and Jordan, to run for office and to keep pressing for an enlargement...
Texaco previously announced it intends to freeze heating oil prices this winter, and received the praise of President Carter as a standard for the industry...