Word: ago
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Dates: during 1970-1979
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...high as $1,200) stoves are the cast-iron, enameled Lange and Mørso from Denmark and the Jøtul from Norway. One American manufacturer that assembles stoves of comparable quality is a down-home outfit called Vermont Castings, Inc. Two unfounded foundrymen started the firm four years ago in tiny Randolph, Vt. Duncan Syme, 42, was a sculptor with an M.F.A. degree from Yale, and Murray Howell, 34, was a bar owner and construction worker. Their meticulously crafted Defiant and Vigilant models, designed in elegant Federal period lines and selling for $575 and $470, are as prized by their...
...there are indications in this cold season that Americans are beginning to believe that conservation offers the only way to fight back. Newly built homes everywhere are generally more energy efficient than the houses of a decade ago. Some public utilities across the country are offering (along with bill-stuffer assurances that nuclear energy is a good thing) free or low-cost energy audits of ratepayers' houses. The offers are being accepted by the hundreds of thousands. "There are frenzied people out there," says Austin Randolph, who handles such audits in Westchester County, N.Y., for Consolidated Edison. For a nominal...
...thinkers are busy hatching schemes to beat the system. "A great learning process is going on," says Madison Draftsman Dan Greco, who describes himself as a "lay expert" in conservation. On Block Island, R.I., where the last sizable stands of trees were cut and sent up the chimney decades ago, some residents are experimenting with drying and burning peat. Mantle kerosene lamps are in fashion through the Northeast: not only is their light soft and pleasant, but the heat they radiate is equal to almost half that of a small electric space heater...
Aramco's many critics also complain that the company is altogether too cozy with the Saudi government. Why, they ask, have the Saudis failed to complete their plan to buy out 100% of the company's production facilities? The government announced the nationalization plan five years ago. So far, it has acquired only 60% of Aramco's $2 billion in refineries, pipelines and ports. Has Aramco persuaded the Saudis to go slow, since a full buyout would burden the four corporate shareholders with enormous U.S. capital gains taxes? Nonsense, say Saudi officials. They insist that the final...
...boycott mounted against Egypt by other Arab nations after the peace treaty signing, Cairo can easily meet its foreign exchange needs. The largest source of funds is the money sent home by Egyptians working abroad; this will total $2 billion in 1979, up from just $200 million six years ago. Suez Canal revenues will bring in $600 million and could rise to $1 billion a year by 1982, after the waterway is widened to allow two-way traffic. Another burgeoning source is tourism, which will yield $700 million this year...