Word: dieselized
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Sailing ships have crisscrossed oceans since the Egyptians first ventured out into the Red Sea and the Mediterranean about 3000 B.C. But the last sail-powered cargo ship left the seaways in the 1950s. The development of diesel engines, cheap fuel, tight shipping schedules and the expense of large crews to handle the sails eventually ended the era of sailing cargo ships. But now the economics of transportation are changing. Marine engine fuel, which accounts for 25% to 30% of a ship's operating costs, has gone up over 400% in the past seven years...
...fact, prices have already begun inching up for such high-value petroleum products as diesel fuel, naphtha and heating oil. The increase is slower than the breakneck pace that characterized the pay-any-price panic of 1979, when the spot cost of crude oil shot up from $13 to $40 per bbl. In Rotterdam, hub of Europe's volatile crude-oil spot market, small cargoes last week were selling for anywhere from $4 to $5 per bbl. above the long-term average rate of approximately $32 per bbl. that the 13-nation OPEC cartel is now charging...
Shaped like a flying wedge, the DeLorean appears to exceed the 55-m.p.h. speed limit while standing still. It is expected to get 22 m.p.g., about the same as a diesel-powered 1981 Cadillac Brougham. Entry to its luxuriously appointed interior is through gull-wing doors that tilt up instead of swinging out. The 24-karat car will pose some special maintenance problems. Owners wishing to get any dents knocked out will probably have to return the damaged part to the factory, where the bumps will be pounded out and the piece refinished in gold...
...Fogal yells on the intercom. "Crank it up!" The diesel roars to life. They move out over the dusty range. Three T-62 tanks appear suddenly nearly a mile downrange. "Gunner! Heat! Tank!" Fogal screams. The words alert the crew, order a high-explosive antitank round to be loaded and specify the target...
...Cummins diesel engine distributor in Hong Kong, J.W. Streeter, commutes 5,636 miles every month to work from his home in Honolulu. He does so gladly. Before he moved from Hong Kong back to the U.S. in 1979, Streeter had been spending $65,000 a year on rent and education for his four children. Although these costs resulted directly from his work in Hong Kong, the Internal Revenue Service did not give him full tax credit on them. Says he: "I'm saving at least $1,500 a month by living in Honolulu, and that is more than enough...