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...keep such devastation from increasing, Army Corps of Engineers flood-control experts have opened three Louisiana spillways since April 8, diverting more than 800,000 cu. ft. of water per sec. But the engineers say that the danger of flooding in the lower valley is certainly not over, nor will it be for at least another six weeks...

Author: /time Magazine | Title: DISASTERS: The Second Deluge | 5/7/1973 | See Source »

...Organization of Petroleum Exporting Countries (OPEC) on yet another price increase that would compensate the exporters for the devaluation of the dollar in February. The price of interstate natural-gas shipments, which is regulated by the Federal Power Commission, has never been allowed to surpass 34? per 1,000 cu. ft. But if Congress votes to deregulate natural-gas prices in new contracts, as Nixon proposed, the economists expect prices eventually to rise much closer to their current free-market level in intrastate shipments. Recently, that has been as high as 560 per 1,000 cu. ft.-or 65% higher...

Author: /time Magazine | Title: Environment: The Energy Crisis: Time for Action | 5/7/1973 | See Source »

...California have proposed a less expensive alternative. They believe that it may be possible to create methane in the earth by forcing oxygen and water into fractures created with the help of explosives in coal seams. The cost, they figure, would be between 400 and 600 per 1,000 cu. ft., less than the price of liquefied natural gas now delivered from overseas by tanker...

Author: /time Magazine | Title: Environment: The Energy Crisis: Time for Action | 5/7/1973 | See Source »

Datsun 1200 (71.5-cu.-in. engine, manual transmission), 28.7 m.p.g., the best performance of any auto tested...

Author: /time Magazine | Title: AUTOS: The Gas Guzzlers | 5/7/1973 | See Source »

...rich reserves on the continental shelf with new and environmentally safe techniques. Administration experts estimate that the additional offshore drilling alone could raise oil production by 1.5 billion bbl. a year (or 16% of projected demand in 1985) and gas production by 5 trillion cu. ft. (20% of demand...

Author: /time Magazine | Title: Environment: At Last, The Energy Message | 4/30/1973 | See Source »

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