Word: embargoing
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...DEMAND for coal began to rise slowly in the late 1960's and increased dramatically after the Persian Gulf oil embargo until it reached the current price level of $30 a ton. The industry's simultaneous rush to expand production has increased the need for miners so that for the first time in over a decade the large coal companies have begun hiring new workers. Miller intends to use the union's resulting leverage over management to obtain such benefits as paid sick leave and a cost of living escalator clause that have become standard in the contracts of many...
Defense spending has been increased 38% above last year's $716 million. Cir cumventing a British arms embargo, South Africa bought 41 British-made Centurions and Tigercat antiaircraft missiles from Jordan. For the first time, the armed forces are organizing battal ions of black, colored and Asian soldiers, and women are being encouraged to en list for rear-echelon duty...
Disguised Blessing. In its analysis of the energy crisis, Mankind supports the views of the Shah of Iran and other members of the oil cartel by arguing that higher prices are really "a blessing in disguise." Reason: if the price of oil had remained at pre-embargo levels, demand for the fuel would have been so heavy that known reserves would have probably run dry around the end of the century. That would leave the Middle Eastern countries with resources too meager to finance continued economic development, and the oil-importing nations without sufficient alternative energy sources...
...really bold move by Ford on energy conservation," says David Brower, president of Friends of the Earth. "What we got was warmed-over Nixon." Indeed, Ford's program smacked mostly of old proposals that Congress had refused to pass even during the height of the Arab oil embargo...
...Ford's proposal to open the naval petroleum reserves in Alaska-which conservationists want to remain unspoiled by oil derricks and huge pipelines-and California. "The reserves," explains a Navy official, "are all that stand between us having our backs to the wall if there is another oil embargo." Similarly, the Governors and legislators of coastal states are opposing any increase in expanding federal leases on offshore oil deposits; they fear the effect of fouled beaches and waters on tourism and recreation. It is thus becoming increasingly evident that environmentalism has become institutionalized, almost as American as apple...