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Saddam says Iraq has developed a missile capable of hitting targets in Saudi Arabia. Crude oil futures rise to all-time high of $40.40 a barrel. Diplomatic relations are renewed between Iraq and Iran...

Author: NO WRITER ATTRIBUTED | Title: TIMELINE | 1/16/1991 | See Source »

...Kuwaiti officials reject compromise under which Iraq would pull troops out of most of Kuwait. Oil prices drop below $30 a barrel. Iraqi forces in Kuwait wire emirate's oil refineries with plastic explosives...

Author: NO WRITER ATTRIBUTED | Title: TIMELINE | 1/16/1991 | See Source »

...miles) or more from land. The cutoff of oil supplies from Kuwait and Iraq and the resulting run-up in prices have lent new urgency to the exploration ventures, some of which have been in the works for a few years. "Oil at $30 to $40 a barrel is suddenly making every project that boosts our domestic supplies look a lot more feasible," says Wayne Dunlap, an offshore technology expert at Texas...

Author: /time Magazine | Title: Technology: Exploring The Ocean's Frontiers | 12/17/1990 | See Source »

...rattles! Downhower skids to a panicked stop and gives the alarm. The rattlesnake simply slithers into the bushes. At a 19th century "Mexican" village whose cantina is stocked with root beer, Dennis Meade, 18, finds a rare gas-fired outdoor shower in a meadow. He also notices a barrel-shaped relocation trap on rubber wheels awaiting an especially pesky local bear. In the shower Meade hears a noise. The bear has walked into the dressing enclosure; he and the animal stare at each other for a tense moment until the bear leaves. In a narrow valley by a trout stream...

Author: /time Magazine | Title: Cimarron, New Mexico Bears, Bucks And Boy Scouts | 12/10/1990 | See Source »

CRATE AND BARREL...

Author: /time Magazine | Title: Wealth of Nations Citation | 12/10/1990 | See Source »

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