Word: rational
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Dates: during 1970-1979
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...eventually shortages are a real threat. Giovanni Theodoli, president of Chevron Oil Italiana, fears a 20% drop in Italian crude-oil imports over the next six months, and worries that "we are not going to have enough energy to support our industry." The British government already has printed ration books and stacked them in post offices...
...effect, additional conservation steps will be necessary. The Administration could, for example, ask Congress to impose a 10% tax on gasoline. That might reduce demand and allow refineries to shift some production from gasoline to heating oil. If the situation becomes dire, the Administration might even have to ration gasoline and diesel fuel at the consumer level. That step would be taken only with great reluctance. Says Love: "If there's any way to avoid end-use rationing, it should be used. Nothing would intrude more into people's lives...
...delivery. The McDonough Power Equipment Co., which makes lawnmowers and garden equipment, fears that the new plant it will open next spring will not be able to operate at capacity because it will not be able to get enough steel. In San Francisco, Levi Strauss & Co. is having to ration blue jeans to stores because of a scarcity of denim. In Los Angeles, American Chemical Corp. is having trouble getting enough raw materials to make plastic steering wheels, garden hoses and bottles. Capitol Records is trying to eke out supplies of vinyl by recycling old pressings...
...turned out, close to 300 other college-age people also showed up. None of us were interviewed and all of us were given the job. I later learned that the mass hirings were necessitated by a New York State Court order that Willowbrook increase its patient-staff ration to nine...
Race relations on the picket line were one indicator. For the most part, blacks walked with blacks and whites with whites. Until recently, the union's black-white ration was about 60-40. But in the last year, a large influx of Arabs into the assembly plants has changed the importance of this ration...