Word: tiered
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Dates: during 1970-1979
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Doubled Prices. The shortages are especially irksome to drillers because Washington has made domestic-oil exploration more attractive than it has been at any tune in years. Under the two-tier oil price system inaugurated in September 1973, "new" oil-production in excess of a 1972 base period-can be sold at the world price, now about $11 per bbl. That is more than double the limit of $5.25 per bbl. allowed on "old" oil produced within the base level...
...business by the end of January. Mosiello's corporate headquarters is in a dilapidated, 19th century building in Trenton, where the state of New Jersey required him to move in 1971. "The rent is right," says Mosiello, as he sits in his modest "office" -cell 105, 3 Tier, 6 Wing Right, Trenton State Prison. While other cons roam idly through 6 Wing, struggling with the numbing daily routine inside what they grimly call "the Wall," time rushes by for Hank Mosiello, No. 50622, a convict entrepreneur who does not need to be free to be enterprising...
...trying to prove his innocence while still in prison. Instead, he hopes that the Governor will find his unusual accomplishments a mark of rehabilitation and cut his life sentence to 25 years, thus making him immediately eligible for parole. Deep into the night, residents along the catwalk of 3 Tier can hear Mosiello working away at an IBM Selectric in his book-packed 5-ft. by 7-ft. cell. Like any other ambitious executive, he hopes his overtime labors are a signal to his superiors that he is ready for upward, to say nothing of outward mobility. Says the mustached...
Canada is one of the three largest foreign suppliers of crude oil to the U.S. It ships 800,000 bbl. daily to northern-tier states and the Midwest, accounting for 20% of U.S. imports, about equal to inflow from Nigeria. Last week the Canadian National Energy Board issued a report showing that the country could lose self-sufficiency by the early 1980s if exports to the U.S. continued at present levels. Accordingly, Ottawa's Minister of Energy, Mines and Resources, Donald S. Macdonald, announced that exports to the U.S. would...
People in University Hall apparently favored the three-track variety because they would allow students to open their windows and poke tier heads out without having to remove panes of glass. The Massachusetts Hall contingent wanted the cheaper two-track windows...