Word: pumps
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...verge of turning it back into a pinch. Over the weekend, Arab oil ministers began serious discussions of the possibility of lifting the five-month-old ban on oil sales to the U.S. Washington officials privately expressed high hopes that they would also agree to pump oil again at the rates reached before the Arab-Israeli war broke out last October (production has since been cut 15% below that level). If so, the U.S. could expect a marked easing within a few months of the strain on its fuel supplies, especially gasoline, though prices will decline slowly...
...fewer number of people able to afford the higher prices will mean a lower rate base for advertising. Advertisers seeking large audiences will have further incentive to pump still more dollars into television, already a rival for magazines' advertising. In many ways, this rivalry is loaded against magazines...
...McCabe called the team's finale an "excellent showing" in light of insufficient practice and reduced team size. "One of the difficult things for us was that we didn't get enough time in the water after Christmas. We had trouble with practice schedules and had a broken pump in the Radcliffe pool," McCabe said...
...full-tank syndrome is bringing out the worst in both buyers and sellers of that volatile fluid. When a motorist in Pittsburgh topped off his tank with only 110 worth and then tried to pay for it with a credit card, the pump attendant spat in his face. A driver in Bethel, Conn., and another in Neptune, N.J., last week escaped serious injury when their cars were demolished by passenger trains as they sat stubbornly in lines that stretched across railroad tracks. "These people are like animals foraging for food," says Don Jacobson, who runs an Amoco station in Miami...
...trucker representatives and W.J. Usery Jr., director of the Federal Mediation and Conciliation Service. Pennsylvania Democratic Governor Milton Shapp had organized the meetings and acted as mediator. Still, the agreement was not good enough for many drivers, who are demanding that the Government roll back fuel prices at the pump-a difficult, if not impossible task, because of rising world oil prices...