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...worth 100 a pound." Heidelberger was wrong. Much to his own-and his neighbors'-surprise, the tires have turned out to be worth much more. An Oklahoma salvage entrepreneur plans to erect a huge shredder at Heidelberger's place; he aims to process the tires to extract oil, added as a rubber-softening agent during manufacture, and steel belting, and to make an oatmeal-like material that can be mixed with hard coal to provide smooth-burning fuel for generating electricity. The salvager's price: 390 to $5 a tire, or as much as $9 million...

Author: /time Magazine | Title: The Nation: Time to Retire | 5/23/1977 | See Source »

...After five years of exhaustive studies with mice, researchers at his world-renowned institute concluded that in spite of early indications it might control the spread of tumors, the controversial drug Laetrile showed no anticancer properties. Yet even while they were strengthening the scientific case against the apricot-pit extract, also known as vitamin B17, Laetrile's supporters were predicting that the drug - now used illicitly by tens of thousands of cancer patients - would soon be sold legally everywhere...

Author: /time Magazine | Title: Medicine: Victories for Laetrile's Lobby | 5/23/1977 | See Source »

Consuming countries extract 40 per cent of the value of crude oil in taxes, so they virtually determine the final price of the oil and the supply and demand relationship, he said...

Author: By William B. Trautman, | Title: OPEC Director Says Price of Oil May Rise To Keep Pace With the High Inflation Rate | 5/10/1977 | See Source »

...physical differences between whites and blacks. Says Dr. Peter Wolff, director of psychiatric research at Children's Hospital in Boston: "In the present climate, it is a touchy business because no matter what you say, people with one prejudice or another will immediately use your research to extract a value judgment...

Author: /time Magazine | Title: Sport: The Black Dominance | 5/9/1977 | See Source »

...expand into new sources of energy, they will die with the depletion of the world's oil and gas reserves. But as long as they face a serious threat of breakup, they will not make the investments required. In return for a pledge to stop dismemberment, Carter should extract a promise that the companies will devote a large share of the profits they would reap from price decontrol to exploration and development of solar, nuclear and synthetic fuels...

Author: /time Magazine | Title: POLICY: SUPERBRAIN'S SUPERPROBLEM | 4/4/1977 | See Source »

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