Word: milliones
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Dates: during 1970-1979
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...Federal Government's emergency fuel bill aid, under which financial help is granted to pay heating bills, was troubled by distribution problems last year. It has been doubled, to $400 million for this winter, and the eligibility limit has been raised to $8,375 from $7,750 for a family of four. Red tape has been snipped: applicants no longer have to present a notice from their fuel dealers saying that service has been cut off for nonpayment. In addition, a hastily conceived new program will send $1.2 billion in cash grants, averaging about $150 each, to 7.3 million...
...cope on their own. Well before really cold weather had set in, the Hartford city council declared a "finding of public emergency" and authorized city managers to overspend by $500,000 for energy emergencies. Connecticut Governor Ella Grasso called the legislature into special session to ask for $5 million in appropriations and $11 million in borrowed funds to support loan programs to small oil dealers, homeowners and municipalities. She estimates that 40,000 families in the state will need help, mostly to pay oil bills...
...less expensive model, made by the Con-Serv Corp., retails for $13.95 and cuts water flow to only 10.5 gal. Cheapest of all: a plastic "water-miser" insert that costs less than 1? and was mailed this autumn by the Department of Energy free of charge to 4.5 million homeowners throughout the oil-hungry Northeast...
...consumption is not enough. Tanzania uses roughly half as much petroleum as in 1972, but its oil bill has risen 900%, and now eats up half of all earnings from the country's exports. Complains Rodrigo Carazo, President of Costa Rica: "Our 1972 oil needs cost $11.8 million. Our 1979 needs will cost at least $103 million. The barrel of oil that we could buy in exchange for 57 Ibs. of bananas or 3 Ibs. of coffee in 1972 now costs us 440 Ibs. of bananas or 24 Ibs. of coffee...
...producer and distributor of some 9.5 million bbl. of crude per day, Aramco is by far the world's largest oil-producing corporation. It is not required to publish financial records because its stock is not publicly traded. But by expert estimates, during the past two years Aramco has paid between $800 million and $900 million annually to its four shareholders, as well as providing them with lucrative tax benefits...