Word: leape
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Dates: during 1980-1989
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...price of fuel continued to spiral upward in the mid-1970s and drilling technology became more sophisticated, the cost of pumping those reserves suddenly became competitive. The rush was on, with Amoco and Chevron the first major companies to leap in. Today, in 16 fields with more than 100 wells, each costing up to $25 million to build (five times the price in Texas), production has reached 30,000 bbl. of oil and 75 million cu. ft. of gas per day. Geologist Richard Powers estimates that as much as 15.5 billion bbl. of oil and 62.5 trillion...
...emotionally self-righteous as it now appears, the New Right has not proved itself as stable as its leaders claim it is. The movements cannot simply swear off the Reagan administration in 1982 if the Republicans don't leap quickly enough to the starboard. They will need Reagan's aid and the GOP's cooperation to solidify their opposition to liberals...
...field events the Crimson racked up a series of impressive victories. Sophomore long jump sensation Gus Udo began his pursuit of the Harvard long jump record by handily defeating the Brown competition. His 7.27 meter leap eclipsed second-place Bruin jumper David Carter by 45 centimeters...
Much of the tracksters' new-found stability comes from the ranks of the freshmen recruits. Yardling Alice Neuhauer took first in the long jump, an event Harvard is perennially weak in, with a leap of 4.96 meters. Teammate Karen Ueda was just a fraction off for second place. Neuhauser also finished third in the 60-yd. dash and could be a real boon to the Crimson's less-than-meaty sprinting division...
Upward pressure on prices remains powerful. Food costs are projected to leap by at least 12% in the year ahead, with rises of up to 18% in meat and poultry, and energy costs are about to start spurting upward again too. Though oil consumption in the industrial world is down 8% from last year's levels, and inventories are full, the ten-week-old Iran-Iraq war has cut out 9% of the non-Communist world's crude production, resulting in a tightening market that is rapidly forcing up prices. Quotes for the small amounts of crude that...