Word: surpluses
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Dates: during 1970-1979
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...crucial test. In a series of meetings, U.S. and European policymakers will begin mapping strategies for dealing with one of the more disruptive issues in the sudden shift of wealth to oil-producing countries. That is, how to recycle some $60 billion a year in surplus Middle Eastern oil revenues to economically strapped consumer nations so that they can better finance their massive oil import bills...
...continuing to meet the $10.80 price, would be able to reduce imports from around 6 million bbl. a day now, to zero by 1985 and actually export a domestic-oil surplus of 1.35 million bbl. a day. The assumption is that high prices would spur a 114% rise in U.S. oil production over a decade while depressing consumption, thus enabling the U.S. to stop importing oil altogether. In this area, the OECD researchers are even more optimistic than the Federal Energy Administration; in its Project Independence Blueprint published last fall, the FEA foresaw imports still hovering at 3.5 million...
...written recently about the CIA and about the assassination of Martin Luther King, both of which, he says, are more complex than they seem at first. He also writes two regular columns for the Village Voice--a witty, acerbic one on the press and a general political one called Surplus Value. Surplus Value gets more conspiracy-oriented every week; this week it speculates about a possible CIA-led coup in Venezuela, designed to protect Rockefeller oil holdings there against nationalization, and about a big-business coal pipeline that will pollute the West and put Appalachian miners out of work...
...Surplus Value, Cockburn works more in the traditional conspiracy-writing vein than he does in Harper's, which after all is only just entering the conspiracy field. He talks about "freshly sinister aspects," "business interests," "billion-dollar schemes" and someone "setting faction against faction, lubricating his maneuvers with cash." He deals a lot in interlocking directorates and the like, and doesn't cite many sources, instead either simply stating things as fact or using substantiating phrases like "it is known" or "we are told." Cockburn prefers complex explanations for things where, at first glance, simple ones would just as easily...
...after 38 years these full color 11"x14" (ave.size) prints are finally available to the public at &19.95 for a collection of 18 prints. Send cash, check or money order to: U.S. Surplus, Dept. #X27, P. O. Box 605, Tarzana, Calif.91356. Fully GUARANTEED. Certificate of authenticity given with each set. Mastercharge and BankAmericard OK (give card number...