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Trade Deficits. For the U.S., a 10% OPEC increase would inflate oil import costs by about $3.5 billion and add about 20 per gal. to the price of gasoline and other fuels. That would put a further drag on the already sluggish U.S. recovery, since an oil price hike, like a tax increase, reduces the amount of money consumers and businessmen have available to spend on other things. The impact of an OPEC boost will be muffled by the fact that the U.S. produces almost 60% of its oil, and most domestic oil is still under price controls...
...Steve Baer heats his futuristic-looking home by means of a "passive" solar system that has a minimum of mechanical components. The south-facing walls of Baer's home outside Albuquerque are floor-to-ceiling windows, and behind these glass panels are walls composed of water-filled 55-gal. steel drums. The drums absorb the sun's heat by day, radiate it at night when the windows are covered by huge clamshell-like shutters to slow cooling. Similar systems work almost as well in colder climates. In Bedford, N.H., Ralph Tyrrell and Holly Anderson share a three-bedroom...
Other active systems use water or various antifreeze solutions as a heat-conducting medium (see diagram). In Hyde's house, water heated by the sun to around 200° F. is stored in a 2,500-gal. tank. Hot water then circulates through a heat coil over which air is blown by a fan and ducted to every room in the house. At Harry Evans' new home in East Hampton, N.Y., heat from solar panels in the roof is collected in a bin containing 1,000 sealed, plastic bottles of water, which can hold the heat...
...P.C.I. Deputies (227 of 630) and Senators (116 of 315) abstain on key votes, thus lending implicit Communist support to unpopular government programs, including the stangata (sting)-the tough austerity measures that, among other things, have hiked the price of gasoline by 25% (bringing it to $2.25 a gal. for super) and increased postal, electric and telephone rates. Communist leaders argue that giving passive support to Andreotti is an important step toward the party's goal of participating officially with the Christian Democrats in the government, the historic compromise...
...Europe, where gasoline sells for as much as $2.25 per gal. and diesel fuel is much cheaper, diesels account for 2.5% of auto sales. In the U.S., diesel-car sales have been held back by high prices (the cheapest Mercedes diesel lists for $10,278, not including options) and by the diesel's traditional drawbacks-low power, hard starting, loud noise and heavy weight. But auto engineers have a major incentive, besides economy, to work at overcoming these problems. Surprising though it may seem to anyone who has trailed a smoke-belch-ing diesel truck, diesels already meet federal...