Word: skyrocketted
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Dates: during 1970-1979
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Nowhere do the vicissitudes of the nation's business cycle show more starkly than in the Motor City and its environs. In times of economic hardship, unemployment and crime skyrocket; in times of prosperity, workers of different races and backgrounds, thrown together on assembly lines in a one-industry region, vent their frustrations in racial hatred and violence...
...firm's founder, was taking a calculated risk that business would somehow pick up again. But that came naturally to a man with a stable of 25 race horses and a reputation for patience, even under pressure. His prescience paid off when oil prices started to skyrocket at the end of 1973. Suddenly, energy projects that had previously seemed uneconomic looked profitable, and Fluor had skilled engineers ready to do the work. The jobs were immense: a $1.4 billion contract to build twelve pumping stations and the Valdez terminal for the trans-Alaska pipeline, for example...
...equivocation of MFA policy will soon become untenable. When gold reserves run out, the government will have to choose between alienating small proprietors by cutting off credit and subsidies; or betraying its working class following by allowing food prices to skyrocket while clamping down on wages. Either way, any existing revolutionary consensus will come apart and the outcome is uncertain...
...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...
...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...