Word: digging
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Soviet oil-drilling equipment is estimated to be about 40 years behind that found in the West. The standard Soviet turbodrill, for example, bores much more slowly than American equipment. It takes a Soviet team 14 months to dig down 10,000 ft.; U.S. drilling teams can reach that depth in 34 days. Seismic technology, essential for exploration, also lags far behind. The best Soviet gear probes down to 7,000 ft.; U.S. equipment is more accurate and goes down to at least 10,000 ft. Given the state of their industry, says Meyerhoff, "there is simply no way that...
...advanced pledges totalling more than $70 million--close to the entire $82 million raised during the last major fund drive in 1958--aren't easing worries that alumni financial shovels may not dig deep enough. See Section...
...American ideal of endless hospitality and refuge presupposed perpetually expanding resources. Now, says the argument, an emerging order of scarcity mandates self-interest, selectivity, limitation, exclusion. No more the profligate America with arms open in Whitmanesque embrace, ready to issue a shovel to anyone strong enough and willing to dig...
...problems of mining, moving and burning it. For one thing, no one really knows what the long-range effect on the environment will be of sharply stepped up coal use in the decades ahead. Moreover, the price tag for coal development will be staggering: about $1 trillion worldwide to dig the mines and then build the necessary trains, ports and other transportation facilities. The U.S. coal industry's feisty, strike-prone, 230,000-member United Mine Workers Union, which crippled Eastern U.S. mines for 110 days during the winter of 1977-78, has also created doubts among potential customers...
Gold prospecting ain't what it used to be. The old Forty-Niner went West to make a fortune all by himself. Today the new breed organizes, suits up in pinstripe, and tries to dig gold out of an obscure clause in 85-year-old bonds. This week the 300 members of the Gold Bondholders Protective Council plan to file a class-action suit in Anchorage, Alaska, that could force several companies and states to pay off $1 billion in long-term bond debt in gleaming gold...