Word: offs
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Dates: during 1970-1979
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This week two powerful members of the House Ways and Means Committee, New York Republican Barber Conable and Oklahoma Democrat Jim Jones, will submit a bill calling for a very similar 5-10 depreciation plan. They have dropped the one-year aspect because it is too difficult and costly to...
Chrysler's unit sales so far this year have dropped 13.4%. Stuck with the oldest plants and highest costs among the Big Three, the company is struggling to raise money for a fiveyear, $7.5 billion modernization program. Chrysler officials recently visited 81 banks in Europe and North America, drew...
Convinced that they were the dominant force in ousting the Shah, the oil workers feel that they are being neglected by the revolutionary government. They are insisting on 50% to 100% wage increases and are threatening to walk out if they do not get them. Members of the workers'...
Amid the chaos, the prospects for further disruptions in Iran's exports of petroleum seem dangerously large. Should they occur, Congress would hurriedly have to dust off the mandatory conservation programs that legislators had rejected when it appeared that the U.S. could scrape by without them.
What are the chances? Not bad, says Ketelsen. Decontrol of U.S. gas prices has made deep drilling worthwhile; there is a lot of gas 15,000 to 25,000 ft. below Louisiana, Oklahoma and probably New Mexico. Just last week, Tenneco struck gas in the previously discouraging Baltimore Canyon, 80...