Word: fueled
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Dates: during 1990-1999
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...Middle East crisis and the resulting rise in jet-fuel prices hastened the consolidation. Fuel ranks second only to labor in airline expenses, accounting for about 20% of operating budgets. Overleveraged carriers couldn't take the hike. After its annual fuel costs rose 33%, to $1 billion, Continental failed. Faced with a similar bill, Pan Am filed for bankruptcy a month later. Last week Northwest raised the possibility of merging with a stronger airline or selling its lucrative Pacific routes. Analyst Julius Maldutis of Salomon Brothers says, "The industry is being separated into the big eagles and the sitting ducks...
...coalition's preparations for a major assault on Kuwait went on, in fiery showers of napalm and fuel-air bombs dropped on the Iraqi defense lines in Kuwait...
...Arctic National Wildlife Refuge. But the plan is almost certain to ignore any significant steps to promote conservation. Most notably, although automobiles, buses and trucks account for two-thirds of U.S. oil use, the program is expected to shun the two most effective means to put the brakes on fuel consumption: a hike in the gas tax and a higher federal fuel-efficiency standard for U.S. autos...
...counterbids are already appearing in Congress, where two dozen energy- related bills are circulating, including several that would require higher fuel-efficiency levels. One that was introduced in the Senate last week by Nevada Democrat Richard Bryan and Washington Republican Slade Gorton would oblige U.S. automakers to increase the current 27.5-m.p.g. average fuel- efficiency standard to 34 m.p.g. within five years and to 44 m.p.g. within a decade. Supporters are confident they have the votes to win. A similar measure was defeated in the Senate last year...
...final shape of an energy plan is tricky. Energy politics don't divide along party lines. When the time comes to vote, liberal Democrats from oil-patch states, like Oklahoma Congressman Mike Synar, tend to line up with the petroleum industry. Detroit Democrats like Congressman Dingell back away from fuel-efficiency standards that are opposed by hometown automakers. And defenders of the environment can still turn up on both sides of the aisle. On Aug. 4, two days after the invasion of Kuwait, the House voted 281 to 82 effectively to ban for one year any drilling for natural...