Word: propped
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Dates: during 1980-1989
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...legislation would chop through the regulatory thicket that has helped to prop up prices. It would deregulate all gas by January 1986 and, in a stunning departure from the Administration's free-market principles, would exercise a rarely used federal power by throwing open long-term contracts between producers and pipelines for immediate renegotiation...
Both businesses and consumers will benefit from the oversupply of oil and the first big break in energy prices in the past decade. Efforts by the Organization of Petroleum Exporting Countries to prop up the cost of crude by curbing production have collapsed, at least temporarily. As a result, said Rimmer de Vries, chief international economist for Morgan Guaranty Trust, the official price of OPEC oil may fall from $34 per bbl. to $28, which would shave a percentage point off the U.S. inflation rate. James McKie, an economics professor at the University of Texas, maintained that unless OPEC regroups...
...they have held for 20 or 30 years." To help these "decent, hardworking Americans," Mondale has chosen to make Japan a scapegoat and take the jobs from the Japanese. A "liberal" concern for the plight of labor cannot justify plundering the Japanese economy--and thereby unemploying Japanese workers--to prop...
Director/Set designer Paul Warner '84, too, seems to want the audience to think. His set is more cerebral than realistic: In the wings, chairs float above the floor; on stage is a clutter of props and a telephone hanging down from the ceiling. By an occasional gesture within the play, Warner raises his own questions about the reality of theater: WOMAN pours MAN a drink of something from a while prop bottle and actually spills liquid onto his hand through his make-believe wine glass. Mostly, however, Warner plays it straight, competently choreographing MAN and WOMAN'S sexual tangle...
...markets for oil, where tanker-size shipments are traded on a day-to-day basis, normally bustle with buying and selling. Last week, however, they seemed almost paralyzed by uncertainty. Only a fortnight ago, the Organization of Petroleum Exporting Countries had failed to reach agreement on a plan to prop up oil prices by curbing production. That dramatic breakdown induced a kind of suspended animation. The cost of crude seemed sure to fall, but no one could be certain how far or how fast. While a few oil producers made their opening moves last week, others held back...