Word: squeezees
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If Libya, which pumps some 2 million bbl. daily and is the cartel's fifth largest producer, were to take such a step, the additional squeeze on world petroleum supplies would be devastating. Even though Gaddafi has made bombastic threats before and never carried them out, the shares of...
Time: Christmas 1975. Place: a comfortable apartment on Manhattan's West Side. The members of a New York chorus and orchestra, having failed to raise money for expenses, have had to cancel their planned performance of Handel's Messiah at Carnegie Hall. After a potluck supper, the singers...
The President knows full well that the Western European countries and Japan, which are more vulnerable than the U.S. to an oil squeeze, have no stomach for challenging OPEC. Mindful of their "special relationship" with the Arab world, the French in particular want to steer clear of anything that smacks...
It is against this backdrop of Oil at Any Price that Jimmy Carter and the leaders of Western Europe, Canada and Japan will sit down next week in Tokyo for two days of talks on energy and the imperiled world economy. Exactly 48 hours earlier in Geneva, the 13-nation...
The real danger of the vacation lies in its capacity to compress all family conflicts into an exquisitely focused drama. At their most triumphantly awful, family vacations can compete with a Long Day's Journey Into Night or anything else O'Neill wrote. People in their normal working...