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Published calculations that U .S. gasoline profits have jumped from $20 million to $40 million per day since last January make many Americans understandably wonder why prices keep going up. Some persist in believing there is a scheme among the big oil companies to hoard supplies and make a killing at the expense of the consumer, but there is no evidence of that. The basic cause of rising prices is OPEC price fixing, compounded by the intricacies of Government regulation all the way from the wellhead to the pump...

Author: /time Magazine | Title: Nation: How Gas Prices Got That Way | 7/9/1979 | See Source »

Across the U.S., as citizens struggle with the irritation of gas lines and dollar-a-gallon prices, a large number persist in believing that the whole mess has been deliberately contrived by the oil companies, aided and abetted by Government collusion or ineptitude. Washington in fact cannot evade the charge of bungling. A few weeks ago the Department of Energy was predicting that gasoline supplies would be more plentiful in June than in May. Now officials confess that they have no idea how much gas drivers can count on buying for the rest of the month, the summer, the year...

Author: /time Magazine | Title: Nation: The Great Energy Mess | 7/2/1979 | See Source »

...people alter their behavior by small degrees, but do not change anything drastically. Second, they persist in one of the oldest articles of the American faith - a belief in the technological fix, in new developments that will bail them out of their dilemmas. Gasohol, for example, has just the look of that American deliverance. Thus, in a sense, American tradition itself militates against concerted action against the energy shortage...

Author: /time Magazine | Title: Time Essay: The Weakness That Starts at Home | 6/4/1979 | See Source »

...diverse composer and a melodically gifted guitarist, he is capable of highly original fusions of rock and jazz. Why drain all his energies on social satire when others will continue to produce it unwittingly? American Society provides more than enough material for satire--Zappa the critic will always persist. Let us hope that he can revive his musical ingenuity...

Author: By Peter Sanborn, | Title: Brain Police and Mental Floss | 4/30/1979 | See Source »

...broke up from a lack of issues to discuss. "The caucuses faded when the only issue that seemed to remain was who was on each caucus," Walzer notes. Ten years later, both sides assert that current Faculty alignments do not reflect the old caucus divisions. But attitudinal differences still persist, and liberals and conservatives divide on the deep-seated causes and results of the strike. Liberals consistently emphasize the antiquated administrative and decision-making structure of the University, and believe the strike exposed these inadequacies. "It helped change a very archaic governance at Harvard--the place had a totally outmoded...

Author: By Susan D. Chira, | Title: On the Left | 4/26/1979 | See Source »

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