Word: 1980s
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...effective Monday night in delineating the dimensions of the impending energy shortage. Although his words were, as always, delivered in soft Southern tones, they were blunt and stark. If the world's use of oil continues at present rates, he predicted, demand will exceed international production by the early 1980s. Just to stay even would require "the production of a new Texas every year, an Alaskan North Slope every nine months or a new Saudi Arabia every three years...
There was some grumbling that the President had overstated the dangers of the energy crisis. Carter played up a CIA report indicating that the world would begin to run short of oil as soon as the mid-1980s. In fact, the CIA study is questionable: its estimates of world demand are in some cases frankly guesswork, and they conflict with the calculations of other experts, notably those employed by the 24-nation Organization for Economic Cooperation and Development...
...opportunity of viewing the world from 240,000 miles out in space, and I know how small it looks." As an industry at the mercy of both soaring fuel costs (kerosene, which cost 8? to 10? per gal. in the late 1960s, may rise to 70? in the mid-1980s) and scarce capital for new equipment, the airlines must conserve or face ruin. Under Borman's prodding, Eastern has increased its passengers 10.4% while reducing fuel consumption 7.5%. Among the methods: cutting the number of flights, adding seats, and flying at lower speeds. Improvements in subsonic aircraft and engine...
Monumental Crisis. Since the 1973 Arab oil embargo, economists have warned that the failure of industrialized nations to develop alternative power sources will result in a monumental energy crisis by the mid-1980s, involving widespread industrial shutdowns and a perilously declining growth rate. In Spain, for example, the economy is already suffering from the impact of a $4.5 billion oil import bill last year...
...James Schlesinger and Defense Minister Leber agreed that there should be fair competition between the West Germans' Leopard II battle-tank prototype and the Americans' XM-1; if the Leopard won the competition, the U.S. would also accept it as its major armored vehicle for the mid-1980s. The decision was hailed as an important step toward equipment standardization within NATO-until U.S. military pride and industry pressure opposed it. As a compromise, Schlesinger's successor, Donald Rumsfeld, worked out an agreement in principle with the Germans to make both tanks "interoperable." The XM1 would take...