Word: selling
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Dates: during 1970-1979
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...need once and for all to get out of the Dulles mentality of the '50s, which sees the world as a giant Monopoly game in which the U.S. and the Russians buy, sell or manipulate nations as though they were pieces of cardboard. Iran was not ours to be "lost," any more than was Chi na or Viet Nam. President Carter is absolutely right when he stresses the limited capacity of the U.S. to control events abroad...
...arrived for breakfast, and Carter offered him Vance's proposals, which were not very different from those that Dayan had been urging the Israeli Cabinet to accept. The main points: ? Israel will drop its demand for preferential rights to buy guaranteed quantities of Egyptian oil if Cairo will sell oil to Jerusalem on nondiscriminatory commercial terms. The U.S. will extend to 15 years the five-year commitment that it made in 1975 to guarantee Israel's supply of oil if that country is unable to meet its needs on the world market. ?Egypt will drop its demand...
...voice that sounds like retsina tastes, sharp and rich, Zombanakis argues that the U.S. must strengthen the dollar for many reasons, not least so Saudi Arabia and the other OPEC countries will continue to sell their oil for dollars To do that, he says, "Washington must realize that the dollar can no longer act as the sole reserve currency in the world. The dependence of the world on the dollar is not a blessing but a curse for America...
...extortionate prices on the small but highly volatile spot market. Mani Said Utaiba, Oil Minister of the United Arab Emirates and president of the cartel, suggested that at its next meeting on March 26 in Geneva, OPEC should take up the idea of blacklisting offending companies and refusing to sell oil to them...
Partly on Alkek's testimony, the grand jury alleged that Uni was the linchpin of a yearlong swindle. Specifically, the jury charged that M&A Petroleum, a small company founded by Alkek, and Ball Marketing had conspired in 1976 to sell Uni nearly 740,000 bbl. of certified old oil at prices from $5.17 to $5.48 per bbl. This oil was then illicitly recertified as new and sold to refineries at $9.55 to $ 14.45. The illegal profits came to as much as $6 million...