Word: warred
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Dates: during 1980-1980
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...Iranians arrived in Bali insisting on their right to denounce Iraq's invasion of their country three months ago and its continued detention of Iranian Oil Minister Mohammad Javad Tondguyan as a prisoner of war. When the conference opened, they disrupted the proceedings by propping a 2-ft. by 3-ft. photo of Tondguyan in the chair reserved for Iran's chief delegate. To protect its Oil Minister, the Iraqi delegation packed 17 guns at the conference. Some Iraqi aides wore guns even inside the meeting room in defiance of the security regulations of their Indonesian hosts...
...record by telling the legend of the man who must decide whether to eat a fruit, in which case his father will die, or not to eat it, in which case his mother will die. Said Subroto at the end of the meeting: "OPEC demonstrated that even with a war between two of its members, it can continue to function...
Some energy experts, nonetheless, maintain that the Bali agreement showed again the difficulty that the cartel is having agreeing on prices. Said one European Community official: "You can hardly call a meeting at which over half the tune was spent arguing about a war between the two most powerful military members a resounding show of unity." For more than two years, Saudi Oil Minister Ahmed Zaki Yamani has been trying to restore a unified price for OPEC crude. But the spread between the Saudi bench-mark or "marker" price and the cartel's ceiling price after the Bali meeting...
...million bbl. a day in 1980. Some production has resumed in Iran and Iraq, and the Saudis are continuing to pump about 2 million bbl. a day extra to make up for the shortfall caused by the Iranian revolution and by the destruction resulting from the Persian Gulf war. This has permitted oil companies and major petroleum-importing countries to maintain large reserves as a cushion against future price increases or production shortfalls. World reserves are about 300 million bbl. above normal for this period, and both the U.S. and Japan have decided to increase their stockpiles. Without that small...
...title formula is for a synthetic fuel invented by Nazi scientists. The conceit is that it has been kept off the market since World War II by the oil interests in order to keep up the price of crude. A sometime Los Angeles cop and his wife are killed when it looks as if they are about to go public with the secret. The search for their killers-and the precious equations they were killed for-leads Detective George C. Scott to Germany and Switzerland and to involvement not only with remnants of the Third Reich but with modern terrorists...