Word: alaska
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Dates: during 1980-1989
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Charter is moving from big to magna. It has agreed to buy the ailing Commonwealth Oil Refining Co., which operates a 160,000 bbl.-per-day Puerto Rico refinery, for $650 million. And last week it was completing plans to build a 100,000 bbl.-per-day refinery in Alaska, as well as sewing up the rights to 75,000 bbl. per day of North Slope crude...
...000?military families could be eligible for welfare. Says Colonel Eliot: "When 16% of the Air Force can qualify for food stamps, patriotism doesn't make it as a motivator." Military base commissaries are taking in over $10 million annually in food stamps. Complains a paratroop sergeant in Alaska: "If the Government can give me $71 a month in food stamps, why can't it give it to me in salary...
...lucky applicants will be culled from 19,329 proposals received by the DOE, with two-thirds of the total funding being distributed among states on the basis of population. The other third, or $4 million in aid, will go to areas that submit the most per capita applications. Alaska, where one out of every ten households requested application forms, is expected to be the runaway leader...
...Mount Katmai, in Alaska's remote Aleutian Range, belched a 15-mile flood of lava. There were no known fatalities, but it was the largest blast in North American history-ten times the magnitude of the one at Mount St. Helens...
...auto companies must sell off their fleets of outdated autos in order to earn the money to produce the next generation of vehicles. Detroit every year is spending $13 billion on the needed plants and machinery. That is more than it cost the oil companies to build the Alaska pipeline...