Word: expand
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Dates: during 1970-1979
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...controversy surrounding Aramco underscores the internal tensions within the U.S. over the nation's alarming dependence on foreign crude. The oil industry must have billions of dollars to expand U.S. drilling, exploration and other energy-producing investments that are needed to escape OPEC's hold, and Aramco's megaprofits are a big help. But to ensure those profits and continued access to foreign crude, the company has to walk a finer and finer line between the steadily diverging interests of producing and consuming states...
...small vehicles are the least profitable, and the company would have to boost output sharply to remain competitive. That would be a difficult step for Chrysler to take. Not only is it experiencing bottlenecks but the company also would have trouble borrowing money to expand production...
...Vermont plant prospered, Sid and Louise decided it was time to expand, and they looked for a place in Cambridge because, "Frankly," says Sid, "I hate Vermont. Cambridge has the Orson Welles, Chinese food, diverse people--besides, it's near the beach...
...instead to demand a "basket" of other currencies, presumably West German marks, Swiss and French francs, and Japanese yen. In fact, there is not nearly enough of these currencies available to pay for the huge oil transactions, and European and Japanese governments would wind up unavoidably having to expand their money supplies in a most inflationary way to accommodate the deals. Fortunately, the Saudis and other oil producers plan to continue accepting dollars. To ban them would cause the U.S. currency to plunge and OPEC's dollar deposits to be washed...
...shot no longer attacks businessmen as profit-grubbing plunderers of the environment, but he is having trouble fitting his "small is beautiful" philosophy to the realities of a $2.4 trillion economy. Brown convincingly argues that the nation's throw-away economy squanders scarce resources; yet he would vastly expand exploration of outer space even though the payoff is doubtful at best. He calls for a ban on new nuclear power plants and would give much more of a subsidy to solar power, though almost every study shows that over the next two decades solar can supply only a small...