Word: output
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...past four difficult years for the Organization of Petroleum Exporting Countries, Saudi Arabia has been its derrick of strength. But the oil industry churned last week with rumors that the rich kingdom has finally grown weary of that role. After trying to fight a global glut by cutting its output from 10.3 million bbl. per day in 1981 to about 2 million bbl. per day currently, Saudi Arabia now appears eager to move its merchandise again. Traders believe the country will try to double its sales by quietly offering price cuts that could include a $3-per-bbl. drop...
While the Saudis have threatened before to boost output, the kingdom's aim on those occasions was to scare the other twelve OPEC members into restraining their production. Now experts believe that the Saudis could be planning a serious effort to boost their income in order to narrow the country's budget deficit, which for 1983 and 1984 totaled $22 billion...
...getting intolerable," George Bernard Shaw complained to his diary in 1891. Sixty years later he was still grumbling and still corresponding. According to Editor Dan H. Laurence, Shaw "must in his lifetime have written at least a quarter of a million letters and postcards." It was an incomparable output; only his ego was larger...
...Well, you could ask Andy. In a column published each Wednesday in the San Jose Mercury News, Andrew Grove, president of Intel, a semiconductor manufacturer, answers questions about the woes of the workplace. Since last October, Grove has been dealing with two letters a week in the column "High Output Management," which has been modeled after "Dear Abby...
...National Association of Schools of Art and Design guesses that about 900 institutions offer fine-arts degree programs; its own 138 member schools had 45,000 students in the fall of 1982, of whom some 8,500 graduated with B.F.A. degrees in the spring of '83. So the annual output of all American art schools is probably around 35,000 graduates. Significantly, no one seems to know the exact figures entailed in this unprecedented glut of artists...