Word: anyways
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Dates: during 1970-1979
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...sake of appearances. Opinion among Exxon's top management was divided on whether to invest what eventually became $460 million last year in a so-far futile search for oil in the Baltimore Canyon area of the Atlantic. Though preliminary seismic studies were not encouraging, the company went ahead anyway. The decision was made partly on the grounds that it could not be seen as declining to explore in an area so close to the petroleum-hungry Northeast...
...course, is an energy policy to lead the U.S. from its dependence on petroleum, especially imports. Energy Secretary James Schlesinger is probably too pessimistic when he warns that a severe global supply squeeze could come as early as the mid-1980s, but the nation will be in increasing jeopardy anyway. The threat is not that some day soon there will be much too little oil, but that consumers will have to pay ever more extortionate prices to get it. Says Guido Brunner, the Common Market's energy commissioner: "We have to realize that the age of cheap energy has come...
WHOSE LIFE IS IT ANYWAY...
...economic policy, it's bad energy policy, and it's bad for the country." Legislators from Texas, Oklahoma and other petrobelt states argue that Carter's tax is unnecessary and that oil companies would spend the profits of decontrol on the search for more petroleum anyway...
Although the price has not risen. Radcliffe may sell the stock anyway unless Bank of America comes up with a more acceptable policy regarding its loans to businesses operating in South Africa, Robert H. Gardiner '37, treasurer of Radcliffe, said last Tuesday...