Word: periods
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Dates: during 1970-1979
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...kind of solution that is only to be described as better than nothing. They will be difficult to enforce, and OPEC can, if it chooses, foil them by cutting production again. At best, the limitations will hold a bad situation steady while the world goes through a painful period of inflation, slowdown or recession, conservation and conversion to alternate fuels...
...seems simple so far, but the rules require 400 pages of DOE instructions. Allocations are expressed not in gallons but as a percentage of what each individual customer, wholesaler and retailer, received in a given base period. What base period? Well, it can differ from customer to customer. The oil companies must work out not only how much they supplied each customer in the same month of last year but also how much they supplied, on average, in a five-month period from October 1978 to February 1979. If the latter is at least 10% higher than the corresponding month...
Just as in the panicky period that followed the Arab oil embargo in 1973, the major auto firms were caught off guard by the sudden buyer switch to smaller cars. Of General Motors' new X car line, President Elliot Estes notes: "We guessed in favor of the six-cylinder engines. But right now sales are running 60 to 40 in favor of the fours." GM is getting no help from its big cars either. Sales of the standard Chevrolet are off 20% since January; Buick Le Sabres are limping almost 29% behind 1978's pace, and purchases...
...feeling the pinch, with sales of its big Thunderbirds down 41% for the year so far, and purchases of Mark Vs off 24%. But the plunge-of-the-year award so far goes to the Cougar, which had sold 18,775 by mid-June in 1978. For the same period this year, fewer than 3,000 Cougars have been bought-only 35 of them during the middle ten days of June. At Chrysler, sales of Dodge Aspens are down 30% for the year. The company's hottest autos are the subcompact Dodge Omni and Plymouth Horizon...
...punch line goes, "I was there--I know." Well, Lamont wasn't there, and it results in some embarassing misperceptions. Lamont repeatedly yaps about the "crush in the libraries." What "crush"? The only crush I've ever seen at Harvard is in Q-world's pinball arcade during reading period. Worse, it results in some slanderous inaccuracies. For example. Lamont scorns a professor at Brown who taught students about espionage but "never asked (the students) to consider the morality of it all." That professor is Lyman Kirkpatrick, former executive director of the CIA and perhaps the most moral man ever...