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Using figures released last week, the Interior Department estimates offshore oil reserves at only 12.2 billion bbl. of crude, or 55% less than earlier predictions, and 90.5 trillion cu. ft. of gas, down 44%. If the study proves accurate, by the 1990s the U.S. may have to increase oil imports to as much as the 1977 peak of about 9 million bbl. a day, vs. 3 million bbl. today...

Author: /time Magazine | Title: Business Notes: Energy Capping a Gusher of Optimism | 5/20/1985 | See Source »

...epigone of Garcia Marquez. Writing in the tradition of Latin America's magic realists, she has a singular talent for producing full- scale representational portraits with comic surreal touches. Her rendering of the Trueba patriarch Esteban and his wife Clara is a hilarious display of mismatching. While the crude, commonsensical Esteban is doomed by nature to cause constant offense to his wife, Clara the Clairvoyant irritates her spouse by her perpetual whispered concourse with the spirits...

Author: /time Magazine | Title: Books: From Chile with Magic the House of the Spirits by Isabel Allende | 5/20/1985 | See Source »

...foreigners were beaten and robbed as they tried to make their way out of Nigeria. Some diplomats in Lagos said they believed that the latest order was issued for much the same reasons as in 1983: a troubled economy that continues to be badly hurt by depressed crude-oil prices. At a time when jobs are scarce and prices for basic goods are high, there is a tendency to regard the aliens in the midst of Nigeria's 91 million people as an unacceptable strain on the country's limited resources...

Author: /time Magazine | Title: Nigeria a Ragged Exodus of the Unwanted | 5/20/1985 | See Source »

Because world crude-oil supplies are abundant, most experts are optimistic about gas prices. Rutherford Poats, an economist with the Energy Futures Group in Bethesda, Md., predicts an increase of no more than 2 cents per gal. through midsummer...

Author: /time Magazine | Title: Energy: Pummeled At the Pump | 5/6/1985 | See Source »

Throughout The Diaries, we witness the duality of the man Jean-Paul Sartre as he approaches existence in the physical sense of an individual's existence and in the abstract sense of collective man's experience. He juxtaposes the crude material with the sophisticated abstract. He jumps from talking of a "posting inspection," during which "they made us piss into beer-mugs" and "strip to the buff," to nothing that "the method of Heidegger and such as may come after him is basically the same as that of Descartes." But for all his occasional snobisme, he returns to a realization...

Author: By Eunicel. An, | Title: Being & Sartre | 5/1/1985 | See Source »

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