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...Energy Committee figures that the cost of gas to consumers will increase about 10% a year. Consumer groups that fought the bill claim there will be a 353% jump in prices between 1977 and 1985. The Department of Energy expects an annual increase in gas production of 2 trillion cu. ft.; the congressional budget office estimates an additional .7 to .8 trillion cu.ft. a year; consumer groups that favored the bill say no increase at all will occur. Both the Senate Energy Committee and DOE predict that by 1985 greater production of natural gas will save the nation 1.4 million...

Author: /time Magazine | Title: Nation: We're Taking Control | 10/9/1978 | See Source »

...Oppenheimer published two landmark papers in the journal Physical Review. The first, in collaboration with a graduate student named George Volkoff, argued that neutron stars could in fact exist. They would have a diameter of about 10 km (6 miles) and weigh about 10 million tons per cu. cm. In the second paper, innocuously titled "On Continued Gravitational Contraction," Oppenheimer and another student, Hartland Snyder, contended that if the dying star was massive enough, nothing in Einstein's theory stood in the way of the ultimate compression?the formation of a singularity...

Author: /time Magazine | Title: Science: Those Baffling Black Holes | 9/4/1978 | See Source »

Their craft was a thing of beauty-a 160,000-cu.-ft. balloon, 65 ft. in diameter and 97 ft. high. It had a 17-ft. by 6½-ft. by 6-ft. gondola that was built, with a realistic if not fatalistic approach, with a twin-hulled catamaran that would float if the need arose...

Author: /time Magazine | Title: Nation: The Whole World To See | 8/28/1978 | See Source »

...exactly 2:36 p.m., a 38-ton tanker truck carrying 1,518 cu. ft. of highly combustible propylene gas from nearby Tarragona to an industrial refinery in central Spain peeled around the long bend of the highway behind the camp at 40 m.p.h. and skidded out of control. Perhaps already on fire, it crashed into a retaining wall, rolled and, as it exploded, spewed torrential fountains of fire that washed across most of Los Alfaques. Flames towering hundreds of feet engulfed vacationers and their gear, setting off a secondary round of blasts from exploding butane cookers and automobile gas tanks...

Author: /time Magazine | Title: SPAIN: It Was Like Napalm | 7/24/1978 | See Source »

Political compromise being an expression of the possible, the plan bears little resemblance to Carter's original proposals. Despite campaign promises, the President had opted for continued regulation at a price raised in stages from $1.49 to $1.75 per 1,000 cu. ft. The House basically agreed with his plan, but the Senate voted to remove regulation. Drawing from both proposals, the conference decided to raise the price immediately to $1.75 and remove controls in stages, ending them by 1985. The compromise permits either Congress or the President, after a six-month wait, to reimpose controls for 18 months...

Author: /time Magazine | Title: Nation: Compromise | 6/5/1978 | See Source »

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