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...weight of any price increase may not be felt for years.If the price of natural gas rises sharply enough, it may become cheaper to use oil, coal and other fuels. At $2.48, for instance, gas becomes as expensive as home heating oil. In that case, demand for gas may lessen, forcing prices to drop...

Author: /time Magazine | Title: The Nation: How High for Decontrolled Gas? | 10/10/1977 | See Source »

...until the proceeds from a $250,000 sale of stock on Dec. 30, 1976, had been deposited in his bank. Moreover, he said, the three checks, involving interest payments on loans, had not been deducted on his 1976 tax return. "The knowledge of my innocence, however, does little to lessen the shock and anguish caused me and my family when the charge is published all over the country...

Author: /time Magazine | Title: The Nation: Lance Comes Out Swinging | 9/26/1977 | See Source »

...Anderson must try to lessen the TriStar drag that has left Lockheed trailing badly behind its chief competitors in the commercial aircraft market, Boeing and McDonnell Douglas. Last year all three had comparable sales: $3.2 billion for Lockheed, $3.5 billion for McDonnell Douglas and $3.9 billion for Boeing. But while McDonnell Douglas earned a profit of $109 million and Boeing $103 million, Lockheed netted only $39 million. Reason: an operating loss of $125 million on the airbus. The news this year is no better. In the first six months, Lockheed's profits rose to $25.5 million, from $22.2 million...

Author: /time Magazine | Title: Business: Lockheed's Great Dilemma | 8/22/1977 | See Source »

...report notes that some countries have acted unilaterally to lessen the environmental ills that plague them. For example, it commends the U.S. for its actions to discourage use of fluorocarbons and to monitor workers' exposure to cancer-causing substances; it praises Pakistan for a massive reforestation program aimed at preventing soil erosion and the silting of dams and rivers. But it also warns that these unilateral moves are not enough to remove the threats to man's well-being and calls for international collaboration "on a scale not seen so far in the history of mankind" to save...

Author: /time Magazine | Title: Environment: A Prescription for World Survival | 6/13/1977 | See Source »

...achievement announced last week, Biochemists Howard Goodman and William Rutter and their colleagues did not work with human genes. Under the safety guidelines adopted by the National Institutes of Health (to lessen the risk of accidentally producing an E. coli that might be harmful), such less readily available material would have required a far more stringent level of physical containment in the lab than any yet available. Instead, they experimented with insulin genes from rats. Placing this foreign DNA inside enfeebled E. coli, they were delighted to find that the genetic material was replicated every time the bacteria divided...

Author: /time Magazine | Title: Medicine: One for the Gene Engineers | 6/6/1977 | See Source »

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