M This wall au douh, he presented as necessary in order to lead up to the copincering pay claim ingly the US. in an orderly way", without disersions. But if such tactics are pursued-allowing the 'Soflening up' of pickets at Footprint at the same time as the NERC is busy seizing ALEW Tund: the working class is more kely to find self in retreat, no matter how "orderly" Michael Prios UNILATERAL DECISION Shortages in the last few months have sent the market price way above the posted price. And the first decision the Arab produeers took in Kuwait last week was to raise the posted price to 17 per cont abore the previous highest registered market price. This meant a rise of about twe-thirds in the posted price and an increase in cost per barrel to the companies to about $3.10, Libya then followed suit with: an even steeper rise to aboul $5.40 a barrel, a more which may well stimulate another rise from the Gulf producers, These decisions represented the abandonment by the producers of a five-year agreement with the companies, and a complete rejection of the notion that the posted price is fixed in negotiaLion with the companies, I is now the unilateral decision of the producer states, a fact which represents their growing power in relation to the oil companies and the major consuming countries of Western Europe, Japan and increns Heath's Phase 3 strategy is based economically and politically on the hope of a fall in the price of world commodities. The Kuwait announce ment was a serious blow to this.
against the Industrial Relations Act did it cal