Word: oils
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Dates: during 1970-1979
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...Though some refugees have been housed in brick barracks, with one family to each large room, many others live in temporary, ramshackle shelters made of bamboo and straw mats. Like the other workers, the newcomers are paid standard wages of $17 a month, plus rations of rice, meat and oil. The refugees have strained the resources of the farm, said Farm Director Yin Dayong. "Before, the farm provided 390,000 lbs. of grain to the state. This year it incurred a loss...
...fairly strong bull market has been under way in the secondary stocks, including those of the smaller oil and gas companies, newer high-technology firms and takeover candidates. While the Dow has been languishing over the past four years - it was at 840 in September 1975 - the index of over-the-counter stocks has gone up 94% and the American Stock Exchange index has risen...
Much of the buying was coming from oil-rich Arabs, who were trading incognito through German and Swiss banks and brokers. Like goldbugs everywhere, the Middle Eastern investors were anxious over political uncertainties, global inflation and the fluctuating fortunes of the dollar, though it had dropped only slightly by week's end. European investors as well were eagerly acquiring gold because energy-induced inflation has been weakening the value of even their own "hard" currencies. A binge of panic buying by Southeast Asian investors, worried about reports of heightened tensions between China and Viet Nam, further pushed up demand...
...true, right? Wrong. Contrary to the conventional wisdom, each statement is false, according to data from extensive studies performed independently by the Department of Energy and Douglas Aircraft Co.'s transportation department. Drawing on this research, Atlantic Richfield Co., the nation's seventh largest oil company, last week launched a Drive for Conservation program to educate motorists and demolish fuelish fallacies. Among the tips...
...Higher oil prices have clobbered sales of recreational vehicle equipment, but Coleman maintains that "two-thirds of our business is either unaffected or helped" by the energy shortage. Says he: "We don't believe people are going to stop camping, but they are going to camp close." Then too, the number of active outdoorsmen is rapidly expanding. Coleman says happily: "Our target audience is great big Middle America." Still a vigorous hunter, fisherman and tennis player, although he has given up climbing mountains, Coleman plans to stay on as chief of the company dedicated to recreation as long...