Word: bigs
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Dates: during 1970-1979
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...begun to flow from Alaska's North Slope, North Sea production has increased, and promising indications of oil and natural gas have been found in the Baltimore Canyon off the U.S.'s East Coast. Oil companies have also been exploring what are thought to be big deposits along China's coast. And in Venezuela, development is continuing in the area known as the Orinoco Oil Belt, although the oil is thick and heavy. New exploration is also under way in the Arctic, Argentina, Brazil and the Sudan. In Asia, Malaysia and India may soon join Indonesia...
...Rand Corp.'s vision of ample reserves for some decades ahead but big trouble after that is echoed by many other researchers. Trying a novel approach to assessing the world's reserves, Pierre Desprairies, head of the French Petroleum Institute, recently polled 28 leading oil companies and individual experts on how much oil they thought was economically recoverable at a cost of $20 per bbl., which is about $6 above the going price. The consensus, he reported, was that "the reservoir of oil is large and full"-about 2,000 billion bbl. But there was also general concern...
...pump water, turning turbines that produce electricity. A small prototype string of rafts in the English Channel now produces a mere 1 kw., but its designer, Sir Christopher Cockerell, who also invented the Hovercraft, says that a cluster of 300 larger rafts could generate as much energy as a big conventional power station...
...Americans, whose trip was paid for entirely by Washington. Premier Takeo Fukuda popped in at two receptions in Tokyo and even conversed with Kreps and others in English, a language he almost never uses in public. Japan's aggressive MITI (Ministry of International Trade) and the big trading houses had arranged for the visitors more than 3,000 interviews with potential buyers, and a few sales had been prudently lined up ahead of time. When Mrs. Kreps criticized Japan's reluctance to import, her hosts smiled and politely applauded...
...Japanese who came and stood at his display but had no interest whatsoever in the machinery. When Yardley inquired why they had come, one of the men pulled out a letter and said, "We are only here for this reason." The letter, Yardley deduced, was from one of the big trading companies, which had ordered his smaller firm to put in an appearance at the display in order to meet the promised quota of contacts...