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...more than ever. At the least, the nation's allies rightly wonder what the U.S. has to get tough with in the first place. Moral questions aside, military action would be a tactical nightmare. Nor does the nation have much of an economic weapon against OPEC. Cut off grain exports? Argentina or even India could sell much, if not all, of the grain that OPEC needs. Embargo U.S. military equipment sales? France and others would be only too happy to replace them...

Author: /time Magazine | Title: Business: Teaming Up Against OPEC | 6/25/1979 | See Source »

Wind. Don Quixote's nemesis could supply perhaps 2% of the nation's electric power by 1990. Modern windmills, which turn electric generators rather than grind grain, do not look anything like the revolving sails that dot Holland's countryside...

Author: /time Magazine | Title: Business: Energy: Fuels off the Future | 6/11/1979 | See Source »

...Wednesday or Thurs day at 12:30 is a unique institution of the modern presidency. Jimmy drinks buttermilk. Rosalynn has coffee. They nibble at salads and sin wildly when they plunge into a dollop of flan with ice cream. They ponder things like advice about Son Jack's grain-elevator business and the guest lists for approaching state dinners; then Rosalynn inevitably asks for the latest information on SALT or the Middle East. At one lunch, Rosalynn got the surprise of her life when the President revealed that just minutes earlier, agreement had been reached with China for normalization...

Author: /time Magazine | Title: THE PRESIDENCY by HUGH SIDEY: Second Most Powerful Person | 5/7/1979 | See Source »

...staunchest backers of gasohol are farmers. If gasohol were to become a standard motor fuel, the nation's production of grain-corn, barley, oats and the like -would have to be increased by at least 50%. But, as gasohol advocates point out, the Government now encourages farmers to hold down their grain crops, so expanding production would not be too difficult. Moreover, alcohol can be produced from a variety of infinitely renewable sources. Though U.S. distillers now use mainly corn as their alcohol base, experts assert that just about any substance with a high starch or sugar content could...

Author: /time Magazine | Title: Business: Rediscovering Home-Grown Fuel | 4/9/1979 | See Source »

Still, gasohol has its drawbacks and detractors, notably among the major oil companies. The Agriculture Department, critics note, estimates that it takes more energy to grow and harvest the grain and distill the alcohol from it than the alcohol produces when burned. For every 4 B.T.U.s of energy that are used to make alcohol, only 2.5 B.T.U.s are generated. Advocates argue that is not the point. Alcohol, they say, offers a way to boost stockpiles of liquid fuels, which are all that can be used in autos and which are in shortest supply...

Author: /time Magazine | Title: Business: Rediscovering Home-Grown Fuel | 4/9/1979 | See Source »

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