Word: costs
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Dates: during 1970-1979
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...third treaty commitment involving a possible cost to the U.S. was the American guarantee that it would provide oil from its own resources if Israel cannot buy its normal oil supplies on the world market. Of greater concern in Congress than the cost, if any, is the likely adverse public reaction to sending oil to Israel if there are shortages within the U.S. The Administration argues, however, that any Israeli oil deficiency would be an insignificant portion of U.S. supplies...
...Defense Secretary Harold Brown: "You've heard a lot of figures and you'll hear a lot more." Illinois Republican Congressman Robert Michel went further, predicting: "When all the diplomatic fine print is exposed, every one of Carter's bear hugs with Sadat and Begin will cost the American taxpayer a billion dollars or more...
...delays dragged on, new complications arose. By the time that the environmental hurdles were overcome, inflation had pushed up the cost of the project so much that it no longer seemed attractive. Meanwhile, El Paso Natural Gas, the pipeline's owner, began hinting that Sohio might have to pay much more than it had expected for the line...
...would be difficult to raise the North Slope output: the West Coast is already overflowing with Alaskan crude, and Sohio is having to ship some 350,000 bbls. a day of it via tanker through the Panama Canal, a process that adds up to $1 per bbl. to the cost. What is more, oil companies are barred from exporting Alaskan oil, even if the purpose is to swap it for foreign oil that can be brought more easily to East Coast ports...
...Ohio's exasperation with the environmental protection bureaucracy in California was surely understood by executives at many other companies, where "the high cost of Government regulation" has become one of the most cited sources of corporate angst. How steep is the price of meeting the proliferating demands and standards imposed by regulators? Estimates of the annual cost of federal regulation alone to U.S. industry have ranged from $79 billion a year (by Republican Economist Murray Weidenbaum) to $135 billion (by the Office of Management and Budget). Some Congressmen have tossed off estimates of $150 billion or more...