Word: offs
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Dates: during 1970-1979
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The House Banking Committee has already approved a less ambitious partnership plan of its own. Its bill, an amendment to the Defense Production Act of 1950, would permit the Government to become the buyer of last resort for up to 500,000 bbl. daily of oil from coal, shale and...
The closest parallel was another raw-materials crisis almost 40 years ago, when the Japanese invasion of Southeast Asia cut off 90% of the world's natural-rubber supply. The U.S., caught with its stockpiles down and accustomed to importing over half a million tons annually from Asia, was...
Metal halide technology allows more energy to be transformed into light rather than given off as heat, and thus less electrical current is required.
>In November 1972, the first year of 500 production, Development Chief Robertson wrote to Di Federico, then head of North American operations, a memo stating: "We are badly in need of an improvement in belt separation performance, particularly at General Motors, where we are in danger of being cut off...
In fact, Evans has been crying recession for more than a year. Reminding him that he has so far been dead wrong elicits the characteristically brassy reply, "Yes, and I'm going to keep on saying it until I get it right." He expects the decline in gross national...