Word: rotterdam
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Dates: during 1970-1979
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...Persian Gulf crude stood at $37 to $38 per bbl., vs. OPEC's official maximum of $23.50. After the seizure of the U.S. embassy in Tehran, rumors swirled that anti-American fanatics were shutting the tap on exports. Spot traders began desperately scrambling to buy spare cargoes. In Rotterdam, prices ticked up almost by the hour. In New York City, some sellers were demanding an astronomical $47 to $48 per bbl. Though heating oil is retailing in New York at about 850 per gal., spot market imports of the fuel were going for $1.10 per gal., while gasoline imports...
...they are used. Octavio Paz, who must surely rank as one of the handful of great living poets, was teaching a course in Spanish to a half dozen students. Fitzgerald, one of the few extant experts on epic poetry, taught one student Homer and Dante. Paul Rotterdam, one of the few significant contemporary painters who even dain teach, had eight students in his course: of which perhaps two were seriously considering careers as painters. These are just a few examples from my years at Harvard. They represent a shocking waste of resources...
...express is a train carrying a defecting Soviet general from Milan to Rotterdam, accompanied by a crew of se cret agents who are supposed to protect him until he spills all his secrets to our side. The avalanche is but one of the many none too subtle attempts by Soviet intelligence to silence him before he gets too chatty. One keeps wondering why he was not simply bundled on a U.S.-bound plane in Italy in order to avoid all this huggermugger. There is talk about his being so important that rolling him all the way across the Continent will...
...unaccustomed reader is first put off by the loose-leaf holes along the spine of the magazine's austere brown cover; an invitation to scholars and librarians, he thinks. Vowing to persevere, he skips stories about the Rotterdam oil market and campaign-financing laws and tries one examining the computer industry's relations with the Labor Department. Uninvited daydreams about the Maryland shore intrude. He tries reading "Congress and the Dairy Industry." Muscles relax, the heartbeat slows. Then he turns to "Managing the National Grain Reserves." Zzzzzzzz...
...planners have discarded as all but unworkable various schemes to form a kind of consumers' cartel to negotiate with OPEC, or to put a ceiling on the price the seven countries would permit corporations to pay for oil on the Rotterdam "spot" market (users bid there for supplies not tied up under long-term contracts, and prices have shot as high as $40 per bbl.). French President Valery Giscard d'Estaing, speaking on behalf of the European Community, outlined a plan to freeze European oil imports at last year's level and to "dissuade companies from lending themselves to transactions...