Word: mid-1980s
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...great flyoff to pick the first U.S. air-launched cruise missile (ALCM), a weapon capable of carrying a nuclear warhead some 1,350 nautical miles and delivering it on target with near pinpoint accuracy. The weapon is designed to boost the nation's atomic punch in the mid-1980s...
...central-heating furnaces that burn both wood and oil can save up to 200 gal. of oil for each cord (128 cu. ft.) of wood consumed. A New England Congressional Caucus study optimistically forecasts that 50% of Maine's energy needs could be met by wood in the mid-1980s. Also, about 150 paper and pulp plants burn wood commercially, each producing an average of 500 kw of electricity for local industry, thus saving about 5 million bbl. of oil per year...
What is needed, of course, is an energy policy to lead the U.S. from its dependence on petroleum, especially imports. Energy Secretary James Schlesinger is probably too pessimistic when he warns that a severe global supply squeeze could come as early as the mid-1980s, but the nation will be in increasing jeopardy anyway. The threat is not that some day soon there will be much too little oil, but that consumers will have to pay ever more extortionate prices to get it. Says Guido Brunner, the Common Market's energy commissioner: "We have to realize that...
Even before the Iranian revolution, the problem of oil supply and demand was a difficult one for the importing countries. There was just no way known to us to cover demand in the mid-1980s from supplies that would be physically, not to mention politically, available...
...wages and stagnant productivity. With the price of a top-of-the-line Volvo now $16,000 in most markets Gyllenhammar had been counting on his Norwegian connection for the money needed to develop a radically designed lightweight vehicle that would give the company broader market appeal for the mid-1980s...