Word: oils
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Dates: during 1970-1979
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...face it. It's their oil, and the OPEC nations are going to do anything they want with it. In my opinion, most citizens waste too much time and effort complaining about the oil companies and the Department of Energy, and devote too little to conservation efforts...
Constant Reminder I have to say to you, Reader Bob Mauger [June 25]: If you really have to allude to World War II to talk about excessive oil waste and ask what country started that mess, I could as well ask you now what country it was that wasted a great deal of oil in a useless war more than 20 years after the one you mentioned. But it's not the past that counts, but the present and the future. And the fact is that fewer than 250 million Americans spend more than one-third of the world...
...inflationary recession. National output, they predicted, will shrink 0.5% this year; prices nonetheless will climb 10.6%, and the number of jobless may grow by 1.3 million, to around 7 million late next year. The inflation is being fanned and the recession worsened by large OPEC oil price boosts that underscore the debilitating U.S. dependence on imported petroleum. Carter was earnestly aware, if the people of the U.S. were not yet, that the nation must find some way to start breaking that dependence if it is to have any chance for longterm, noninflationary economic growth...
...Stein's brother Michael, who twelve years later sold it to a Norwegian collector. Recently Marin I surfaced at exhibitions in New York and Zurich, a prelude to auction last week at Christie's in London. There, in spirited bidding on the floor and by telephone, the oil was knocked down for $1,584,000, an auction record for 19th and 20th century paintings. Christie's would only identify the successful bidder as being from "across the Atlantic." Presumably that meant the U.S., although Jeune Marin II is in Mexico City...
...Rockefeller, West Virginia Governor and great-grandson of Standard Oil's John D.: "I don't have a whole lot of faith in what the oil companies...