Word: fasted
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Dates: during 1970-1979
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...patch up relations with the oil industry. He hastily assembled 15 executives in the Cabinet room for a session that a White House aide said would plot "how we can best manage the projected gasoline shortfall this summer." The President also wanted to know why prices were rising so fast. For two hours, the oilmen gave him their version of the crisis. The gasoline retailers blamed the oil producers for zooming prices at the pumps. Sniped Victor Rasheed, president of the Virginia Retail Dealers Association: "There has been some price gouging, perhaps, by the oil companies." The oil producers...
...have to educate our societies and induce our economies to conserve energy to a much greater degree than we so far have been able to bring about. One of the most important instruments in so doing is to let people feel the fast-rising real costs of energy. Second, to a growing degree we have to replace oil by other primary resources of energy, especially coal and nu clear energy. Foreseeably, we will within the next one or two decades get into a worldwide debate about the irrevocable consequences of burning hydrocarbons - whether oil or coal or lignite or wood...
...this leads me to a fourth point: I have the feeling that we have not seen the ultimate maturity of nuclear energy as yet. I think the fast-breeder question, linked as it is with the question of reprocessing,* should not be decided right now. We need some more years to decide that one. In the meantime, we have to keep that option open. Of course, this entails two other questions in the energy-political field that deserve closest attention...
...international precautions or safeguards against proliferation of weapons-grade material, and 2) processing security, whether it is reactors, reprocessing, fast-breeders or the stowaway business for the remnants...
...countries. Second, I will stick to the nonproliferation treaty Article Four, [which states that] every country in the world has the undisputed right to the peaceful use of nuclear energy. And third, I will point to the great danger that if nuclear energy is not developed fast enough, wars may become possible for the single reason of competition for oil and natural gas. And I think that the scarcity of oil and the rising prices for crude, which are a menace to the functioning of our economies, can lead to wars. This problem has to be understood as a grave...