Word: coaling
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Dates: during 1980-1989
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...years, which most have been lately for Chrysler, the plant cost a bundle. It had 32 freight elevators to carry people and parts from floor to floor. In winter it leaked heat from a thousand windows. Says a Chrysler production man, Jim Caton: "This place goes back to when coal was $2.50 a ton, when miners got $32 a week, versus about...
...also performed well. In the past two weeks, as one big oil company after another posted hefty fourth-quarter profits, their stock prices leaped daily. During January, Exxon was up 5¾, to 60⅞, Mobil rose 3⅜, to 58⅜, and others racked up equally impressive rises. Coal, timber and copper producers, which like the oil companies deal in irreplaceable or depletable assets, also showed strong gains...
...says the President's budget report. Expenditures for energy-saving programs will increase next year by 93%, to $1.2 billion. An additional $12 billion is set aside for a multi-year program to help utility companies buy new boilers and smokestack scrubbers needed to convert from oil to coal. Until the last days of budget preparations in mid-December, the President's economic advisers were urging a new gasoline tax of 50? per gal. as the most powerful conservation measure. But after Canadian Prime Minister Joe Clark's December defeat over a proposal to raise gasoline...
...unresolved programs. After a three-hour discussion, the President firmly drew a line under the ninth item, a supplemental foreign aid proposal. The 30 programs below the line, including additional spending on public service employment jobs and a new plan to improve roads heavily used for transporting coal, were eliminated...
Last July Carter pledged to use the proceeds of his proposed tax to set up an Energy Security Corp. to help develop an enormous new industry for the production of gas and oil from alternative sources such as shale and coal. Other revenues were to go for bolstering mass transit, subsidizing energy conservation and helping poor people pay part of the increased cost of fuel...