Word: barreling
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Dates: during 1970-1979
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...frigid Fulton Street, the dilapidated main drag of Brooklyn's black Bedford-Stuyvesant ghetto, idle young men were warming their hands at trash-barrel fires and talking about their future. Life is bleak even in the best of times for people on Fulton Street, where hustling and mugging are commonplace. It has been even worse lately because of New York City's empty coffers and the continued loss of factory jobs to other parts of the country. Nonetheless, Jimmy Carter's election has brought a measure of wary optimism. Explained Community Worker Eduardo Standard: "They expect...
...Magnum Force, Harry shoots three hold-up men who are holding four customers hostage in a liquor store. The excitement comes when he takes them by surprise, delivering their requested getaway car through the front of the store at high speed, and taking a blast from a double-barrel 12-gauge through the windshield on the way. After this subtle entrance, he miraculously picks off the bad guys in the time it would take you to say ".44 magnum" three times, while leaving the innocents unscathed...
Perhaps not, but the rupture remains. As of Jan. 1, a barrel of Saudi or Emirate crude will sell for $12.08; a barrel from the other eleven countries will cost $12.70, reflecting an immediate 10% boost (the eleven propose to tack on another 5% on July 1). The two-tier price works out to about an 8% increase in the average price of oil imported by major consuming nations-enough to put a drag on the global economy. French President Valéry Giscard d'Estaing estimated that OPEC price boosts since 1973 have hit the French consumer...
...contrast, many of the other OPEC members, notably Algeria and Libya, are already running low on reserves. They want to get as much money as possible from every remaining barrel. Iran is especially hard-pressed. The Shah badly overcommitted his oil income on ambitious development projects for his relatively large population, and now needs more money to make ends meet...
...President's style, though, contrasts sharply with that of his dour, ponderously rhetorical predecessor. Tall, barrel-chested and robustly athletic, López Portillo flashes ear-to-ear grins and laces his refreshingly brief speeches with humor. His inaugural address will probably be the longest oration of his life. He enjoys soccer or boxing as much as talk of public administration, economics or Mexican mythology. His writings include studies of both legal theory and Mexico's legendary god-king Quetzalcoatl...