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However, Connally said he opposed import tarriffs...
Giant Fireball. A key problem is that the wildly expensive technology needed to ship gas over water requires long start-up times and makes the fuel extremely costly to import. For example, Algeria, which has taken the lead in trying to boost exports to the U.S., is spending billions of dollars to build six liquefaction plants, but they are not expected to be fully operational for a decade. These facilities freeze the fuel into liquid natural gas (LNG), which is then loaded on specially constructed tankers that cost up to $150 million each...
...Soviet Union, which is believed to have the world's largest deposits of gas, could become a major source of U.S. imports. The Russians have been pushing hard in recent years to exploit their vast gas reserves in Siberia, including the northern Tyumen Oblast, near the Ob Gulf, and the Urengoy field, reportedly the world's largest. Their aim: to make the Soviet Union a major exporter by 1980 (at present, so few of the reserves have been tapped that the Soviets themselves import gas from Iran). The only deal involving Americans, however, is a tentative agreement between...
...result is that foreign exchange earnings are negligible, and processed food must be imported, largely with Libyan grants from Muammar Gaddafi. When Amin took over, Uganda was a net exporter of sugar. Now it must import, because the Asians who ran the sugar mills were expelled in 1972 and Ugandans do not seem able to keep the factories going. Amin has ignored the crying need for agricultural technicians to make his economy work, in favor of military technicians from the Communist bloc, to make his armed forces work. It is estimated that nearly half the available foreign exchange goes...
...idea sounded beguiling. In a letter to President Carter, California's Representative John Burton wondered whether his drought-stricken state could import snow or runoff water-perhaps by pipeline or railroad-from inundated Eastern areas like Buffalo. But empty pipelines are not available, and state officials, after some reckoning on their calculators, found that 182 million railroad carloads of water or snow would be required to make up for California's water shortage alone. Estimated cost of such an operation: $437 billion...