Word: oils
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Dates: during 1970-1979
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...emotional climate of the late 1970s, [Carter's] speech should be historic. It is also historic in its lack of concrete means of effecting a cure." The cover of Der Spiegel, the West German newsmagazine, had a cartoon of a countrified Carter standing atop an empty oil barrel in front of a sign reading U.S.A.−LAND OF UNLIMITED POSSIBILITIES. The President was shown painting out the un from unlimited. Stem, West Germany's largest illustrated weekly, hoked up a photo collage of Carter holding a gas nozzle to his head...
...standards, Pikul's empurpled prose is downright lurid. In one key scene, for example, Rasputin sneaks up to the Tsarina as she prays for her hemophiliac son. Out of the shadows steps the "bony peasant, his face framed by long hair parted in the center and glistening with oil, his eyes emitting a kind of hypnotic sparkle." The Tsarina shakes "in a fit of nervous excitement" as they gaze at each other. The monk scoops her up and strokes her. She slips her arms around his neck and cries, "More, more, carry me around the room." With...
...President got off to a promising start. In a blizzard of speeches and briefings early last week, he described plans to spend a breathtaking $141 billion over the next decade ("one of the biggest figures you ever heard ... the unparalleled peacetime commitment"). The aim is to cut U.S. oil imports in half, and thus prevent the nation's economy from remaining in bondage to the price and production whims of OPEC. For about 40 hours, beginning with his TV talk Sunday night, Carter was winning popular and political support for this economic moon shot. On Monday, in tub-thumping...
...official family broke Tuesday afternoon, talk of import quotas, synthetic fuels and energy independence was drowned out by a new buzz of puzzled speculation. Early in the week congressional Democrats were talking about whooping through key parts of the President's program, including the windfall-profits tax on oil companies that is supposed to provide all the money for Carter's plans, before the legislators recess on Aug. 3 for four weeks. But by week's end they were making plain that Carter, and the nation, will have to wait. Said Louisiana's canny Russell Long...
Virtually nothing in the Carter program would immediately produce, or even save, a drop of oil. The only element that takes effect promptly is a presidential order limiting imports this year to an average 8.2 million bbl. a day. American oil companies almost surely could not find much more than that to bring in even if there were no quota; imports so far in 1979 have averaged only 8.145 million bbl. a day. For 1980 the daily limit will be set somewhere between 8.2 million and 8.5 million bbl. Because the recession in the U.S. economy has begun, imports probably...