Word: costlier
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...draw on to buy expensive OPEC oil. Consequently, refineries have to pay about the same for California oil as they'do for imports-or not that much less. Few buyers want the California crude even at slightly cheaper prices because it is "sour," high-sulfur oil. It is costlier to refine because it produces less gasoline and other clean fuels than Alaskan oil and higher-quality imports. Its primary end-product is a high-polluting residual fuel...
...jobs that pipeline construction would bring, dropped a request for immediate construction of a spur to Mackenzie Bay. California did not want the liquefied natural gas tankers from the El Paso project off-loading in its ports. Besides, according to Government projections, the El Paso gas would be costlier to the consumer. Even so, Energy Secretary James Schlesinger estimates that Alcan gas will cost the U.S. consumer about $2.50 per thousand cu. ft., about twice the price of present domestic...
...York's blackout also focused attention on the intensely debated question of whether U.S. utilities have enough power-generating capacity. As oil and gas become scarcer and costlier, electricity will become an increasingly important energy source (it now accounts for 29% of U.S. energy). Many utility executives and their equipment suppliers argue that the U.S. will have to build many more coal-fired and nuclear power plants. The U.S. Nuclear Regulatory Commission reports that 84 nuclear plants will be completed in the next decade; the Federal Power Commission says that if the NRC'S estimate is correct...
...nations than to those of the West. Most First World countries ultimately succeeded in boosting exports of their manufactured goods and technology enough to offset the higher import costs of petroleum. Developing countries, on the other hand, have had to spend so much of their foreign currency reserves on costlier oil or petroleum products that many have had to cut back sharply on development plans requiring capital equipment imported from the West. By joining in the chorus that blames the First World for the economic problems of the underdeveloped states, OPEC has been able to deflect responsibility for the disastrous...
...their home districts. A number of them−Senate Majority Leader Mike Mansfield, House Speaker Carl Albert, House Banking Committee Chairman Henry Reuss−began calling for some additional long-term federal help for all cities. A main reason was that New York's agony has made it costlier and tougher for many other cities to raise money from investors...