Word: baseness
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Dates: during 1970-1979
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...fact, Big Oil is hardly the voracious, devouring money muncher that the White House contends. That distinction belongs to OPEC, which provides the world with half its daily petro-ration and, by controlling the supply, fixes the price. Having hiked the base price 14.5% since January, the cartel has lately tacked on expensive premiums and surcharges and now threatens price increases in June. The rises are a major reason why inflation hit 13% in this year's first quarter...
Some 50% of all domestic production, which now stands at 8.7 million bbl. per day, comes from wells dug by the industry's 10,000 independent wildcatters. The breed's home base is the boom city of Houston, and the risks and rewards of the profession are reflected in a remark by one of its members, Chester Benge: "The oil business is one of the few businesses in the world where you can go to bed poor and wake up rich...
Latin America's comunidades de base keep growing...
Political recruiting sessions? Insurrectionist cells? Hardly. All the participants were in fact earnest Roman Catholics and members of the most influential movement among Latin America's 300 million faithful, the small constantly spreading groups called comunidades de base (base communities). There may be as many as 150,000 comunidades, 80,000 in Brazil alone, chiefly in the destitute states of that country's north and northeast...
...possibility of bitterness and conflict on a scale hitherto unknown if the Tories carry through on their campaign rhetoric. The United Kingdom's energy self-sufficiency--thanks to North Sea oil--and the Labour government's achievement in paying off Britain's international debts will provide a base for the much-vaunted cuts in income taxes. Many argue that such revenues should be used directly to improve the quality of social services for ordinary people and to finance the modernization of British industry that is so desperately needed...