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Next to oil itself, the hottest commodity in the energy business these days is the person who knows where to drill for oil and gas. Small independent firms and major corporations alike are aggressively fighting over geologists, petroleum engineers and geophysicists as though they were free-agent baseball players batting .325. Budding geoscientists with no more than bachelor's degrees can now command starting salaries of $24,000 a year and more. At the Colorado School of Mines, energy firms are booking choice recruiting dates on campus more than a year in advance. Says Joseph Finney, chairman...

Author: /time Magazine | Title: Energy: Strike It Rich | 12/22/1980 | See Source »

...under such silent lands as these that the boundless riches lie, awaiting the power shovel and the drill. Energy developers first began arriving in droves in 1973, when OPEC hiked its prices fourfold and jolted the nation's oil and gas companies into searching for additional supplies. Jimmy Carter gave the developers a big assist in 1979 when he announced his intention to tap the region's energy supplies by setting up an Energy Mobilization Board to speed up the building of refineries, pipelines, coal mines and synthetic fuel plants. He also proposed an Energy Security Corporation...

Author: /time Magazine | Title: Rocky Mountain High | 12/15/1980 | See Source »

Young Yves St. Laurents, for example, can practice on Fashion Plates, which teaches them to produce designer clothes. And young subcontractors will gain valuable experience from the Tuff Stuff Tool Kit, with its string-powered rotary drill...

Author: By Bill Mckibben, | Title: Every Child a Deity | 12/9/1980 | See Source »

...nothing less than a robot revolution. It promises to revive decaying industries and give smaller firms all the benefits of mass production. Ultimately, it may also transform the way society itself is organized and the way it assesses its values. These steel-collar workers already paint cars, assemble refrigerators, drill aircraft wings, mine coal and, for that matter, wash windows; newer robots now on the drawing boards will soon be spraying crops with pesticides, digging up minerals deep under the oceans and repairing satellites in outer space. Not too far off, experts predict, is that landmark day when robots will...

Author: /time Magazine | Title: The Robot Revolution | 12/8/1980 | See Source »

Like California's Dr. Schmidt, dentists around the country are consciously drilling for new business in unconventional ways. Dr. Allan Gutstein of Universal Dental Centers has installed dental chairs in several department stores in shopping malls on Long Island, N.Y. He and his colleagues drill, extract and cap in leased space, right alongside the ladies' lingerie and sporting-goods sections. In Worces ter, Mass., a soon-to-open shopping center dental office will provide parents with beepers so that they can browse and buy until they are signaled back to the office when junior is ready...

Author: /time Magazine | Title: Medicine: Drilling for New Business | 12/1/1980 | See Source »

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