Word: blueprinting
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Dates: during 1970-1979
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...Atlantic Richfield Co. and three other firms recently suspended a big oil-shale project in Colorado after cost estimates for a 50,000 bbl.-per-day plant jumped from $450 million to $800 million. A price of $7 for oil, concluded the Federal Energy Administration in its Project Independence Blueprint last fall, could boost consumption back to wasteful levels while providing only a slight stimulus to production, thus actually increasing U.S. dependence on foreign...
...intervention in the event of a strangling oil embargo. Two such experts with access to the thinking of the Joint Chiefs of Staff have pieced together a composite of these alternatives and filtered it out to other analysts. The composite represents high-level rumination rather than a final, actual blueprint. But it is couched in considerable detail and shows a knowledge of up-to-date military tactics and a "roughneck's" expertise in oil production...
...assumption is that high prices would spur a 114% rise in U.S. oil production over a decade while depressing consumption, thus enabling the U.S. to stop importing oil altogether. In this area, the OECD researchers are even more optimistic than the Federal Energy Administration; in its Project Independence Blueprint published last fall, the FEA foresaw imports still hovering at 3.5 million bbl. a day in 1985, even in a high-price situation. A price drop to $7.20, the OECD continues, would leave the U.S. still importing 5.1 million bbl. a day by 1985, while a return to $3.60 oil-which...
...much of this intense cultural nationalism is derived from Greek students' alienation from American society is not clear, although the marriage of such heartfelt cultural collectivity with a radical ideology and "blueprint" for society seems possible only among a people that carries with it always the consciousness that it is oppressed...
...third strategy outlined by Blueprint would be to build up a stockpile of oil sufficient to carry the nation through a year during which foreign producers withheld 1 million bbl. a day of potential shipments to the U.S. The policy would cost $4.7 billion, but that would be a bargain; without it, such an embargo would take a $33 billion bite out of national production. Blueprint does not firmly recommend any of the strategies it describes; its purpose is to outline a wide range of choices...