Word: gusher
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Dates: during 1970-1979
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...that is holding a cap on an investment gusher is the conservatism of the lightly populated nations with the largest capital surpluses-Saudi Arabia, Kuwait and the Persian Gulf sheikdoms...
...drill probes into the sea bottom 340 ft. below. Already the drill is bringing up samples from 2,000 ft. below the shelf. The samples are carefully analyzed for hints of oil, but the drill may have to bite as deep as 17,000 ft. to find a real gusher. The rig itself costs upward of $20 million to build and more than $45,000 a day to operate...
...lifting of price controls on new oil has changed the equation. Now it seems that anywhere there is a chance of bringing in a gusher, new wells are being planned or sunk...
Youth is not making the scene the way it used to. The gusher of books and articles glorifying the young has largely dried up, and younger people are writing more sympathetically about their elders. David Kaufelt's first novel is appropriately titled Six Months with an Older Woman-and they are comically instructive months. One of the best of the recent books on older people, Nobody Ever Died of Old Age, was written by 34-year-old Sharon Curtin, a '60s radical...
...Persian Gulf. He had two private sessions totaling three hours in the President's Oval Office. Then the Shah, 53, and his stunning third wife, Empress Farah, 34, were feted by the President at a state dinner in the White House (the 115 guests included a gusher of U.S. oil executives), and the Nixons attended a reciprocal dinner at the Iranian embassy. Perhaps most satisfying, though, was the morning the Shah was given with officials of the Defense Department. For more than anything else, he was in Washington to shop for weapons...