Word: pinches
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Dates: during 1970-1979
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...that less than 200 million bu. of wheat will be left in hand by the end of the marketing year in July, the slenderest reserve since the end of World War II. A strong winter wheat crop, which begins trickling onto the market in late May, would ease the pinch. To boost supplies in the meantime. President Nixon last week lifted import quotas that had been in effect since 1941, thus enabling U.S. customers to bolster their orders of Canadian wheat...
Easing the Pinch...
...energy pinch so far has been an abstract thing for most Americans, more future threat than present trouble. Last week, for a growing number, the crisis brought real pain. Shortage-caused layoffs spread into the auto, electronics, rubber and aluminum industries. Traveling was rapidly becoming a nightmare because of gasless Sundays, airline flight cancellations and, most spectacularly, a series of highway blockades in the East, Midwest and South staged by owner-drivers of heavy trailer trucks...
...crisis is spreading across the U.S. as the deepening energy emergency, triggered by the Arab oil embargo, has begun to pinch in small but ominous ways. Leisure activities, from boating trips to night football games, are being canceled; gasoline-short service stations are temporarily shutting down; and commuter-and school-bus schedules are being pared for lack of fuel. For the first time since World War II, there is serious talk of rationing gasoline and home-heating oil. Meanwhile, from Capitol Hill to the tiniest town hall, in board rooms and living rooms, Americans hastened to make up for lost...
TIME has published dozens of stories on the energy crisis since August 1970, when the Business section described the already visible effects of the energy pinch on American industry. This week's cover story is our fourth major report on the situation. In the June 12, 1972 issue, we warned that the demand for energy in the U.S. and round the world was continuing to grow at an alarming rate. In April 1973 TIME, FORTUNE and SPORTS ILLUSTRATED sponsored a three-day conference at which political, business and environmental leaders were brought together to explore solutions to the problem...