Word: amounting
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Dates: during 1970-1979
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Under normal circumstances, neither of the U.S.'s actions should lead to such results. Oil imports from Iran amount to a scant 4% of total U.S. consumption. In theory, at least, those purchases could be easily replaced by swapping: oil companies could exchange Iranian crude with other companies that have equal amounts of non-Iranian petroleum. Nor in theory should the freezing of Iranian bank assets prove especially disruptive to money markets or the banking system. The Tehran government's estimated $6 billion in petrodollar holdings is only a fraction of the more than $150 billion that...
...fact, an interagency White House task force last week reported that there is a "substantial risk" of a drop in OPEC output of as much as 3 million bbl., an amount just about equal to total current Iranian production. The drop would be caused by expected cutbacks early next year by Saudi Arabia, Kuwait, Iraq, Nigeria and Libya. Thus oil prices stand to rise considerably even if Iran does not reduce its current production...
Lewis A. Law, associate director of the Science Center, said yesterday because of the new requirement any undergraduate can now get a limited amount of computer time...
Lawton M. Chiles, Florida Democratic Senator, assessing budget requests for protection and perks provided for former Presidents: "This year, for the first time, the amount we spend on former Presidents will be more than the appropriation for the White House...
...figures showed again last week. Consumer installment debt exploded by a record $4.5 billion during September to a total of $303.9 billion. The lemming-like rush of consumers into debt could force the Federal Reserve to push interest rates still higher or perhaps to begin limiting the amount of credit available...