Word: billions
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Dates: during 1970-1979
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...many as in all the rest of the noncommunist world combined." Shale oil would cost far more than conventional oil and takes too long to develop--"a production level equal to about half of one percent of U.S. oil consumption--100,000 barrels a day--would require a billion dollars and a decade"--as well as using enormous quantities of water, which would incite the opposition of farmers and ranchers. On divestiture, Stobaugh writes...
...likely to suffer much. Upheavals on foreign currency markets have cut into ITT's overseas earnings since April, but that is beyond the power of any management to control. By just about every other measure ITT, which last year earned a record $662 million on sales of $15.2 billion, remains healthy...
Last winter the ACTWU organized a campaign that led labor unions to threaten to withdraw more than $1 billion in pension and other funds from New York's Manufacturers Hanover bank unless it dumped two of its directors, who also held seats on the Stevens board. The bank quickly caved in and failed to renominate Stevens Chairman James D. Finley and David W. Mitchell, chairman of Avon Products. Two weeks later Mitchell, deluged with letters from union sympathizers threatening a boycott of Avon goods, also quit as a Stevens director...
...March another unmanned space craft called Voyager 1, traveling still farther afield, sped past giant Jupiter and its moons. From half a billion miles away, the computer-controlled robot radioed starlingly clear color pictures of the banded Jlanet and its satellites, including briliantly hued closeups of the stormy Jovian Great Red Spot that would not look out of place in a gallery of modern art. It also sent back new data about Jupiter's Jovian radiation fields and found a "hot spot" of plasma, whose temperatures reach 300 million to 400 million degrees C. It even discovered a thin...
...miles of the cloud tops, the J.P.L. controllers fired Voyager 2's small thruster engines for 76 minutes, a "slow burn" that changed its speed slightly. Thus, after sailing by its next target, Saturn, in August 1981, Voyager 2 will continue on to Uranus, more than 1.6 billion miles from earth. It will reach Uranus 4½ years later, in January 1986. Leaving Jupiter, Voyager took an edge-on look at the planet's ring, which emerged on J.P.L. TV screens as a glow-'ng white neon-like boomerang...