Word: canalizes
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...feel a sense of shame, even pity, for the "Senate 68" who voted aye on the Panama Canal treaty [May 1] in spite of the wishes of their constituents...
...hysterics over the Panama Canal? The canal is on the way to obsolescence. By the year 2000, when Panama takes over, it will be no more than a quaint monument to a time when we Americans could do anything. And the Panamanians will have nothing more han the popcorn and hot dog concessions at this museum...
...John Tower and Howard Baker added SALT to the wounds by criticizing negotiations toward a Strategic Arms Limitation treaty that, Tower said, "would place the United States at a strategic disadvantage." The manifesto lays the groundwork for a Senate debate on SALT that could surpass in intensity the Panama Canal battle. Tower and Baker agree that any proposed SALT agreement will be a fall election issue...
...building west of the Rockies. At times, as many as 20 bulging tankers have been backed up in California's Long Beach harbor. Nearly half a million barrels of Alaskan crude, which oilmen had originally figured would go to the West Coast, are rerouted daily through the Panama Canal to the Gulf or East Coast ports at additional costs of more than $1 million. And although independent California oilmen are protesting a surplus that has forced them to close, or "shut in," some wells, the West Coast continues to import 400,000 bbl. a day from Indonesia...
...fact, there are several surpluses, amounting daily to some 500,000 bbl. of Alaskan crude, which must be shipped through the canal; at least 100,000 bbl. of California crude, which is shut in; and 50,000 bbl. of residuals. Jimmy Carter is considering federal action to ease the glut...