Word: offs
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Not every scientist agrees. Says John Ryther, another Woods Hole biologist: "I don't believe drilling will cause mass mortalities of fish." The Government maintains that the leases cover no spawning grounds on Georges Bank, and that the prevailing currents could easily sweep an oil slick to sea. Secretary...
Strippers take off because crude really pays
The steep rise follows an unexpectedly sharp decline earlier this year. Then, the major oil companies and the nation's 12,000 independent smaller operators, who account for about 80% of all drilling, were putting off new exploration. Major reason: uncertainty over the decontrol of oil prices and new...
Another spur is that profits of ten of the largest oil companies increased an average of 94% in this year's third quarter, and managers have attempted to divert public criticism by pumping up exploration budgets. A number of independents are still holding back until the windfall profits tax...
Of course, none of these disadvantages will be easily overcome. Since the satellites in the 1980s will almost certainly have to turn increasingly to OPEC for oil, there will be more inflation and shortages. That is causing considerable worry among the commissars. The trade-off for the deprivation of individual...