Word: pumps
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...advanced country on earth. Yet many Americans have come to view the industry with suspicion, especially since the rapid runup in oil prices that followed the 1973 Arab oil embargo. Critics contend that the major companies' total control of all aspects of their business, from wellhead to gas pump, has given the industry too much power to manipulate supplies and prices and reap excessive profits at the expense of consumers. During the past year or so, the efforts of congressional Democrats to curb the companies' clout and inject more competition into the industry has gained increasing support. Last...
...hippie vendors in front of Holyoke Center, removed by University edict last year over some Bicentennial nonsense or other. No matter: the chain stores have moved in and blended nicely, the hippies have adjusted themselves to market realities and gone really commercial, and some of the old college pump haunts--J. Press and Andover clothing stores for the young master, Cronin's Restaurant--stoutly remain. The prices are higher on everything, except the newspapers and magazines, than anywhere but Anchorage, Alaska...
Knudsen still hopes to persuade the banks to pump fresh money into his company. Meanwhile, he is trying to keep White rolling by cutting $38 million this year from operating costs. Among other things, he plans to shrink administrative and sales staffs and close a research-and-development facility. Even if White Motor goes under, there are rumors that several corporations might buy up pieces of the company, if the price were right. But for the moment, both Knudsen's and White's prospects look exceedingly black...
...strike illustrates a growing danger for the economy: what had been expected to be a relatively peaceful labor-bargaining climate this year is turning testy. The walkout will not immediately hurt national production, but a long strike could damage the recovery, and a high settlement could pump up now-subsiding inflation. Unhappily, the nation is almost sure to get one or the other outcome, if not both. As one Detroit Uniroyal worker put it, "We settled short last time, and now business is booming and we gotta get ours...
...used, and has become financially hard-pressed. Kesey, his wife Faye and some friends watched the Oscars on TV at their Oregon farm, noting that, save for a passing mention by Forman, nobody had anything to say about book or author. "These people, they're like pump salesmen," Kesey says. "They stand around and talk about their wonderful pumps, how marvelous they are, how good the water tastes that comes through their pumps. They don't even seem to know the water comes from a well...