Word: postembargo
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...discovered means of circumventing the U.S. restrictions. American exports have mysteriously changed destination in mid-ocean and been diverted to Rumania and Poland. Countries like Spain and Italy have also been selling their supplies to the Soviet Union and replacing them with food bought at low prices in depressed, postembargo U.S. markets. American prices are now about 12% below their January levels. These ploys are driving up the cost of grain for the Soviets, but they are not stopping the flow of food. Says Richard Goldberg, owner of a grain and feed elevator in Fargo...
...policy also promises much political pain and peril for Carter. The essence of his program is to strip away the controls that have held the cost of domestically produced crude oil at artificially low levels ever since the postembargo days of 1974. Next month, using Executive authority, he will order a gradual phase-out of the controls so that they will be entirely eliminated by Oct. 1, 1981, when by law they would have expired anyway...
...signed a contract before the Arab oil embargo, will sell in the U.S. for about $1.25 per 1,000 cu. ft., v. a top federally controlled price of $1.44 for domestic gas shipped across state lines and $2 or more for uncontrolled intrastate gas. Algerian gas bought under a postembargo agreement, however, will cost Americans $3.30 per 1,000 cu. ft. The Algerians are expected to lift the price even higher in future contracts...
Spring-the beginning of the American motoring season-has come, and every bit as welcome as the return of greenery and birds is the return of gasoline. The Federal Energy Office made it official last week: stocks are high and the first postembargo shipments of Arab oil will arrive within the month. But the FEO also issued a warning. Because domestic refineries do not have enough capacity to fill an unrestricted demand for gasoline there will be continuing shortages-4% in this quarter and up to 5% for the rest of 1974-unless drivers continue to conserve fuel...
| 1 |