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...lawmakers voted to ban its burning to generate electricity, they also encouraged the establishment of the LNG industry with taxpayer-guaranteed loans and grants. Special tankers, the most expensive ships in the world at the time, were built along with four terminals and re-gasification facilities at Cove Point, Md., near Baltimore, as well as in Georgia, Louisiana and Massachusetts. The first LNG shipments arrived in 1978. In April 1980, Morris Udall, the Democratic Representative from Arizona, told the House that a Congressional Office of Technology Assessment report concluded that LNG imports, "if encouraged, could double by 1990 and meet...
DIED. JOSEPHINE JACOBSEN, 94, poet and short-story writer; in Cockeysville, Md. With spare, precise language, her poems explored the anxieties of being human and led to her selection, in 1971, as consultant in poetry to the Library of Congress--the position now called U.S. poet laureate...
...attacks on Hamas leader Abdel Aziz Rantisi and other members of that group. The U.S. is creating a risky double standard. Yes, innocent Palestinian children may be killed, but how many poor Iraqi and Afghan children have died in the U.S. war against terrorism? J. FREYJA HELGESON Silver Spring, Md...
Bethesda, Md...
...10year Treasury bond yielding only 3.5% and common stocks averaging a 1.6% dividend, tripling your income by loading up on preferreds seems, on paper, like a great idea. "Elsewhere, yields have just dried up," says Susan Breakefield Fulton, president of a financial-planning firm bearing her name in Bethesda, Md., that puts a portion of its clients' money into preferred shares. But as Fulton points out, most preferreds are issued by smaller, lesser-known companies. And some of those issuers are seriously obscure. Do the names Kramont Realty, NOVA Chemicals or Talisman Energy ring any bells? Still, preferred shares with...