Word: diverting
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Dates: during 1970-1979
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Nearly half the total deliveries entered as gasoline, diesel fuel, heating oil, kerosene and other products from refineries throughout the Caribbean. Now much of the loss will have to be made up by having companies divert non-Iranian oil to the Caribbean refineries, while sending the Iranian crude to European refineries instead. That will mean steeper prices for Europeans because much Iranian oil is being sold at prices far above the official OPEC maximum...
Another spur is that profits of ten of the largest oil companies increased an average of 94% in this year's third quarter, and managers have attempted to divert public criticism by pumping up exploration budgets. A number of independents are still holding back until the windfall profits tax reaches final form. The Senate has proposed that newly discovered oil and certain categories of low-volume wells be exempt. Some oilmen hope that the first 1,000 bbl. per day from an independent producer's well will be free from the tax. Says Jack Allen, president...
...have held their price at the cartel minimum of $18 per bbl., may raise it closer to the levels of other producers: $23.50 or more. At the same time, several OPEC producers have announced plans to curtail production next year, while Iran, Dubai and other producers are continuing to divert oil to the spot market, where it can fetch at least...
...clock news at 10 o'clock, he has that right." That was Judge Ferguson's view too. "There is no way, nor should there be," he said, "for plaintiffs to limit the availability of alternatives to television viewing. Games, books, movies -even people-all divert potential viewers from the television set. It is impossible for plaintiffs or this court to isolate the diversion of Betamax from that of these competitors...
...posted walkie-talkie equipped guards at each exit, but Institute officials believed they had a way to exploit SDS's vigilance. By using a decoy, they could divert the crowd's attention to a side gate, then whisk McNamara away before anyone knew what was going on. Voila. Worth a try, at any rate...