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...sticking by its earlier prediction that decontrol of oil prices would trigger only about a 3?-per-gal. rise, some other estimates keep coming in higher. Representative John D. Dingell, chairman of the Interstate and Foreign Commerce Committee's Energy and Power Subcommittee, calculates that gasoline prices could skyrocket to 90? per gal. Most experts doubt that the petroleum retailers will boost prices anywhere near that much, since the summer driving season will soon be over and demand for gasoline is softening. Petroleum Industry Research Foundation Chief John Lichtblau forecasts a 3½?-to 4?-per-gal. rise this...

Author: /time Magazine | Title: INFLATION: A Turn for the Worse | 9/1/1975 | See Source »

...prices may skyrocket and energy crises come and go, but the winds will blow forever. In an effort to tap that inexhaustible source of energy, everyone, from NASA's skilled aerodynamicists to do-it-yourself basement tinkerers, is now suddenly rediscovering one of the oldest technologies known to civilized man: the use of the windmill...

Author: /time Magazine | Title: Science: Tilting with Windmills | 7/7/1975 | See Source »

...physical improvements Hall devises. Although the administration last year distributed free whistles to students, established an escort service through the student security patrol, leased buses for safe transportation, installed brighter street lights, purchased seven new cruisers, and tried to make students "security consious" the crime statistics continued to skyrocket...

Author: By Efthimios O. Vidalis, | Title: Harvard's Still an Open Door To Cambridge Crime Wave | 9/16/1974 | See Source »

Good Chinese food requires hours of preparation, and as fewer smuggled-in aliens find their way to restaurant kitchens, lovers of Oriental cuisine can expect their eating expenses to skyrocket--and even achieve parity with the prices of a less-interesting European diet. Joyce Chen, who long ago began providing Chinese food to Cambridge students wary of a venture into Chinatown, is leading this drive to respectability and the higher prices that come with...

Author: NO WRITER ATTRIBUTED | Title: A Glutton's Guide to the Square | 7/1/1974 | See Source »

...industry came recently from Federal Reserve Board Chairman Arthur Burns. He bluntly declared that the Reserve was determined to cool inflation and vowed that the money supply would not be expanded to accommodate an "explosion" of business-loan demand, even if his policy meant that interest rates would skyrocket. Since then, rates have continued to climb to record levels; last week major banks lifted their prime rate on business loans by a quarter-point, to a dizzying 11¼%. As a result, there has been an accelerating flight of funds from S and Ls and other sources of mortgage money...

Author: /time Magazine | Title: HOUSING: Much-Needed Prop | 5/20/1974 | See Source »

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