Word: cuing
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Dates: during 1970-1979
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...when the Supreme Court ruled that the Federal Power Commission must regulate interstate sales of natural gas in the best interests of consumers. The Justices were anxious to avoid monopolistic pricing practices by producers. The FPC finally set areawide, very low ceiling prices on natural gas. Today, 1,000 cu. ft. of gas costs, on the average, only 22?-the equivalent of pricing a barrel of oil (which now sells for at least...
...that remains debatable. President Nixon last spring urged Congress to exempt newly discovered finds of natural gas from FPC regulations. Such decontrol would greatly encourage gas-producing companies to find new deposits-and according to the U.S. Geological Survey, there are potentially some 1.2 quadrillion cu. ft. of reserves in the ground waiting to be tapped. The consumer would not suffer too much immediately, since the cost of new gas would be averaged in with the cost of existing supplies. But in the long run, deregulation would send gas prices skyrocketing. At least partly for that reason, big gas producers...
...high might natural gas prices go? Some economists predict prices of 600 to 700 per 1,000 cu. ft. Another indication comes from agreements that U.S. companies have made with Algerian producers to manufacture liquefied natural gas and ship it in special tankers to the East Coast. Estimated price to the consumer: about $1-or almost 500% more than a householder now pays. As chances of saving the last remaining fuel bargain dwindle, the lesson is doubly clear: the era of cheap energy is indeed fast drawing to a close...
...presidential papers to the National Archives. The papers had been prepared or gathered while he was on the public payroll, primarily using public facilities and the services of other federal employees. To the non-expert, Nixon's papers might seem to contain a lode of trivia. Occupying 825 cu. ft, they include 414,000 letters, 87,000 items relating to public appearances (including speech texts), 27,000 invitations (along with acceptances and refusals) and 57,000 items relating to foreign trips. Nonetheless, this material could well be valuable to historians who one day will attempt to piece together...
...major electrical appliances are significantly responsible for the surge in energy consumption, and a user can save by buying the standard model instead of the deluxe model. He can also save by properly handling the furnace and the insulation in his house: REFRIGERATORS: A standard 14-cu.-ft. fridge uses 1,137 kwh. per year, while a 17-cu.-ft. "frost-free" model uses 2,008 kw-h., or $45.98 worth. New "efficiency" units, which are also frost-free and have an energy-sparing design and insulation distribution, use only 1,155 kwh. per year for a 17-cu...