Word: fueled
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...November. Illinois Congressman John Anderson, a dark horse Republican presidential candidate, submitted a bill calling for a tax of 50? per gal., with the revenues to be used to chop Social Security taxes approximately in half. That measure would help cut consumption by moving the price of the fuel closer to the level that most of the rest of the world already pays. If Americans are unwilling to pay the price of necessary conservation, why should the cartel members, or any other nation, listen to anything the U.S. has to say about the burning issue of the 1980s: energy...
Economic expansion, which depends on cheap fuel, is slowing almost everywhere. Taiwan's growth has declined from 12% last year to 8%, and South Korea's from 12.5% to 6%. Oil-fueled inflation is raging. Taiwan's wholesale prices rose 3.5% last year, but are expected to jump 16% this year; at least ten points of the total are directly attributable to increased energy costs. Many Third World leaders echo Kenya's Kibaki: "We have had to postpone vitally needed development projects. We are not importing any nonessentials...
Instead, some nations are returning to preindustrial methods. Over the past few months, the price of tractors in rural Thailand has fallen 20% as fuel has become scarce and expensive. Prices of water buffaloes, which do not consume diesel fuel but do produce free fertilizer, have soared. Some Thai officials are rather relieved that their bureaucratic bungling has stalled the pace of industrialization. Says one official: "If we had been more successful, Thailand would be in much bigger trouble today...
...deficit of $4.3 billion in a budget of under $10 billion. Sadat will not cut defense outlays ($1.4 billion this year) until the last of the Sinai is returned after 1982, so he must trim the huge subsidies ($1.7 billion) used to hold down the cost of food and fuel, a vestige of Nasser-era socialism. Despite big hikes in the cost of imported wheat (Egypt produces less than 30% of its needs), bread has been held to 1?; a loaf, the same as in the 1930s and a fifth of the real cost...
Until now all space probes have been powered entirely by chemical rockets. Though they can develop enormous thrust, they are voracious consumers of fuel. In only nine minutes, the Saturn 5 moon rockets burned up 3,000 tons of liquid fuel. With such propellants, even larger rockets and exorbitant amounts of fuel would be needed to rendezvous with fast- moving objects like comets, which travel at 198,000 km (124,000 miles) per hour in the vicinity...