Word: oils
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Dates: during 1970-1979
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...flare-up really began a month ago, when Carter first decided to decontrol oil prices. Kennedy for his part had urged the Administration not to abandon the threat of continued controls until a windfall tax was assured. But Carter had tried that approach last year and been clobbered by the Congress. This time the President figured to decontrol first and throw the responsibility for the tax onto Congress...
That decision, of course, meant an increase in gasoline and heating-oil prices, as well as in the overall rate of inflation. It also meant huge new profits for the oil companies. To counteract that, Carter proposed a profits tax that would leave the companies 29? out of every dollar gained from decontrol; he urged that the profits be spent on additional exploration and production. Kennedy angrily challenged the figure, asserting the oil companies would end up with far more. By week's end it was unclear whose figures were more accurate. But the Kennedy intervention emboldened House Speaker...
...where he later helped found and run the Zapata Petroleum Corp. Bush promised last week to reveal his income taxes for the past five years and his net worth "to dispel the notion that I am a rich Texas something-or-other." He is rich enough. Bush sold his oil-industry holdings in 1966 when he was first elected to Congress, but his net worth is estimated at upwards of $1.3 million...
...They were married a year later. He then worked for a paint company that his family owned, and had run for Parliament himself, also unsuccessfully. More important, Denis Thatcher provided the emotional, financial and social security for her own career. He eventually became an executive director of the Burmah Oil Company before retiring...
...would be enough. We must stop them from doing that. Secondly, by trying to outflank and cut us off from our supplies of raw materials. That is the great significance of Rhodesia and South Africa: we get our vital raw materials from there. We're lucky with our oil for the time being. Now there is that colossal outflanking movement right across the oil countries, across the Horn of Africa. The third way is subversion. I often say to some of our African friends, "Don't you ever forget, we were easy to throw...