Word: winterizer
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Dates: during 1980-1989
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Though the state's conservative majority gives Cochran an edge, his victory could hinge on Mississippi's blacks, who make up 35% of the population, the largest percentage of any state. Blacks traditionally vote solidly for Democrats, but Winter, for all his progressive credentials, cannot rely on their automatic support. The reason: many black voters are disenchanted with a state Democratic Party that they claim takes them for granted. While most polls show Cochran winning 15% to 20% of the black vote, Cochran's own surveys register 26%. Cochran is convinced he can appeal to both blacks...
...firers (NACODS), a moderate union of mine supervisors, announced that it would join the strike this week. If a total walkout occurs, the absence of NACODS' safety experts will close the 55 mines still producing coal and raise the real prospect of coal shortages and power cuts this winter. The threat angered the government. "I find it difficult to understand, and I think many members of NACODS will find it difficult to understand, why the strike has been called," complained Thatcher. The NACODS action, together with the $1.35-per-bbl. drop in North Sea oil prices, caused near panic...
...looking for a psychological boost, and it's in OPEC'S interest to provide one." Moreover, the timing of OPEC's current crisis, at the beginning of the cold-weather season, puts the group at a better advantage than at its last trial, which occurred at winter...
That kind of drop would be very good news to homeowners as the weather gets colder. Last winter the price of home heating oil jumped by about 100 per gal. in two months, to $1.17, when a series of cold snaps hit the U.S. But if this winter is normal, a decline in crude prices of $1.50 could bring a 30 drop in heating oil, to $1.02 per gal. Heating-oil users are also benefiting from the fuel's competition with natural gas, which currently is in abundant supply in the U.S. Possibly adding to the gas glut...
...getting lower. Last month oil imports to the U.S. fell 9.6% from a year earlier. Stockpiles in Western countries equal only 94 days of consumption, the lowest for the month of October since 1979. As soon as oil companies begin topping off their tanks for the winter, prices may snap back. Said a confident Mani Said al-Oteiba, Oil Minister of the United Arab Emirates: "It's a matter of weeks.'' -By Stephen Koepp...