Word: fusion
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Dates: during 1980-1989
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While the scientific community still argues over the validity of independent fusion confirmations at Brigham Young University and Sao Paulo University in Brazil, it seems certain that widespread adoption of fusion technology would significantly loosen the stranglehold oil producing nations have over other industrial countries...
...Saudi Arabian adviser on petroleum policy at the embassy in Washington acknowledges that implementation of fusion would hurt his country's economy...
...worse comes to worse, "We will keep oil for domestic utilities" in Saudi Arabia, he says. Since fusion technology would probably be incredibly inexpensive, it would benefit underdeveloped countries who now cannot afford enough oil, the embassy representative adds...
William T. Onoar, the senior counsel on energy at the World Bank, agrees that fusion technology could rewrite the politics of global energy...
...Onoar remains unconvinced that the experiment at the University of Utah will significantly alter this scenario. "Right now, I see [fusion] as unlikely," he says...