Word: alaskans
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...Quinn says it deserves "serious consideration." But the main reason for building the pipeline, after all, was to reduce initially the nation's reliance on foreign oil by about 7%, or 1.2 million bbl. per day, and for that reason Congress expressly prohibited the foreign sale of any Alaskan crude...
...Independence, domestic oil production is actually sagging. Although more wells are expected to be drilled this year than last (41,800, v. 39,097), production is expected to be off 3.3%, continuing a long, slow slide that began in 1971. The slide is expected to extend into 1978, when Alaskan oil will begin flowing...
...produced by an American; when it toured the U.S. in 1847 it created a sensation and people queued to see it. Yet today, as one gazes on this chaste pastiche of the Medici Venus, it seems more an anthropological document and less a work of art than most Alaskan carvings. The problem, of course, is not that neoclassicism is remote from us but that the American version of it was unimpressive...
...price of $13 per bbl. At that level, no alternative sources of energy, not even such highly touted synthetic fuels as shale oil and liquefied coal, can compete with oil, at least not by 1985. So the question is how much foreign oil the nation will need, even after Alaskan oil starts flowing...
President Ford concedes during a televised news conference that the Alaskan pipeline is "certainly a can of worms, that's for darn sure." But he refuses to comment further, saying he prefers not to meddle in the internal affairs of a foreign country...