Word: developed
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Dates: during 1970-1979
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...bill was itself a compromise between the views of the developers and the strict conservationists. A total of 67 million acres would be designated as wilderness areas, in which little commercial activity is permitted. Still, the bill would permit oil companies to develop new sources of petroleum in 95% of the state's total area. The bill would also give concessions to certain established developers and open 22.5 million acres in the North Slope area west of Prudhoe Bay as a "national petroleum reserve" in which private companies could seek and produce...
...Data Resources Inc., the economic analysis firm, favors putting a strict limit of 7 million bbl. per day on petroleum imports, which now average about 8 million bbl. daily; mandatory limits would probably result in gasoline rationing. Okun and other board members would increase Government financing of efforts to develop alternative energy sources. A multibillion-dollar effort would not only pay off in increased fuel supplies, but also bolster the nation's bargaining clout with OPEC; the cartel would recognize that its monopoly could not last forever. In any event, the nation must try to exploit all its energy...
Carter admits there is an oil crisis, but he opposes the most important thing that can be done to meet this crisis: developing a transportation system that does not depend 100 per cent on the automobile and the airplane. This means a rail system, because: (1) with sufficient traffic, railroads are the most fuel-efficient form of transportation; and (2) railroads can and should be electrified (as in Europe) because electricity can be generated by almost any fuel. It will take years to develop such a system, and we can not wait until the oil is gone to begin...
...familial relationship with Callaghan, who was something of a "political uncle" to the President. For their first official meeting, Callaghan brought Carter a bolt of cloth for a suit in which pinstripes were made of tiny J.C.s, their common initials. It is not likely that Carter and Thatcher will develop an equally close relationship. "Margaret will start off despising Jimmy Carter," conceded one top Tory, "but responsibility will mellow her." There will be no lessening of Britain's commitment to friendship with the U.S., but the Tories will not supply the automatic support for Carter's foreign policy that...
...shocked, but eventually agreed in principle, although the exact scope of the resource rights remains to be spelled out. "We are satisfied so far," Motzfeldt told TIME Correspondent Lee Griggs in Godthaab. "But we will not be pushovers for outsiders, Danes included. It is an exciting time. We must develop a modern society without ruining our environment and way of life...