Word: withdrawals
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Dates: during 1970-1979
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...crude that a refinery processes, the company must make a payment into an entitlement pool. The payment raises the price of each barrel of domestic oil halfway up to the cost of more expensive OPEC crude. At the same time, any refinery that imports costlier OPEC crude gets to withdraw an equal amount from the pool. For example, a refinery that buys domestic oil for, say, $9.45 a bbl. would pay about $2.50 to the fund; a refinery that imports foreign oil for $14.55 would then collect that $2.50. Observes Oil Economist Arnold Safer: "The entitlements program, in effect, gives...
...cable now reaches. Superstations, however, are running into furious opposition from conventional broadcasters and their allies in the sports and entertainment worlds. MCA-Universal and Paramount are balking at selling any of their TV shows to Turner's Atlanta station, and the Los Angeles Dodgers are threatening to withdraw broadcast rights from KTTV if that Los Angeles station also goes on the satellite...
...final step recommended by the letter is the "strategic divestiture" of investments in corporations that refuse to withdraw or are substantially involved in South Africa...
...recipient" nor had it discriminated against women. Even so, because the college refused to fill out the HEW form, the Government has said it will view tuition aid funds granted to individual students at Grove City as a form of federal support and has threatened to withdraw them unless the school sends in its forms...
...although the Corporation called on the Timken Corporation to withdraw from South Africa because it refused to provide information on its practices there, it has not asked 12 other recalcitrant companies to withdraw because of its policy against initiating shareholder resolutions...