Word: propped
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Though oil prices have been drifting downward since 1981, the current price war began when Saudi Arabia got fed up with its OPEC partners. For years the kingdom, which holds about one-fourth of the world's oil reserves, tried almost single-handed to prop up prices by curbing its production. The country wound up slashing its output from a peak of 10.3 million bbl. a day in 1981 to ! a low of 2 million bbl. a day last June. During that time its annual oil revenue fell from $113 billion to $28 billion. Many of the other twelve countries...
...process for licensing nuclear-power utilities and plans to seek more money to support research into clean-burning coal plants. But the most talked-about concept in Congress is a tax on imported oil, which would pay the twin dividends of reducing the budget deficit and helping to prop up domestic suppliers by increasing the price. Says Heller: "The gains we make from the drop in oil prices ought to give us a kitty for helping the losers." As retail energy prices drop lower, the imposition of a small tax could be increasingly painless for consumers...
Corriere said that security is extremely lax in the student dorms. "They prop doors open with pizza boxes and cover locks with cotton and tape so they don't have to worry about getting locked out," Corriere said...
...having to choose between him and us." Although Washington hoped the operation would diminish the Libyan's prestige, it seemed more likely to reinforce his self-proclaimed image as a David against Goliath. Notes William Quandt, Middle Eastern specialist at the Brookings Institution: "I think we have helped to prop up Gaddafi internally, made it harder for his opposition to get a hand...
...best of the secondary characters is Kurgan, played by Clancy Brown of The Bride fame. As the immortal (yes, another immortal) representation of evil, Kurgan seems strangely at home in downtown Manhattan. His attire looks as if it has been borrowed from The Terminator's prop room, but unlike Arnold, Kurgan has that all-important sense of humor. After all those centuries, its nice to see that he's still enjoying his work...