Word: oil
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Dates: during 1980-1989
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...department of environmental conservation. Unless tankers that use the 800-mile trans-Alaska pipeline submit individual spill contingency plans by Nov. 13, Kelso says he will deny them access to the port of Valdez, effectively shutting down the pipeline. George Bush has warned that a shutoff of oil would not be in the "national interest." This is not Alaska's first such threat. After the Exxon Valdez ran aground in March, Governor Steve Cowper told oil companies to increase safety measures or he would shut the pipeline. Now Cowper wants something in writing...
Such conditions persist despite Native Americans' vast reservation resources, including large land, mineral and timber holdings as well as 10 percent of the United States' oil reserves, he said...
...thinking and governing, but he is trying to change the way his country develops. Like Mitterrand, Perez has been a socialist since his youth. He is still vice president, under Willy Brandt, of the Socialist International. During an earlier presidential term in the '70s, he nationalized Venezuela's oil industry, slapped controls on prices and interest rates, mandated wage boosts, increased regulation of agriculture and made government-subsidized loans to low-income city dwellers, peasants and small businessmen. Perez personified the socialist conviction that the common good can best be bought with public money. But by the time he left...
Various support programs for the middle and upper classes are also humming along nicely. Large-scale farmers and well-to-do retirees still enjoy federal largesse, as do oil companies and people earning more than $200,000 (whose income is taxed at a 28% marginal rate, while a working couple with a taxable income of $71,900 pays 33%). Those who gain from such Government generosity vote -- and contribute money -- in disproportionately high numbers and are the heart of the Republican electoral coalition. As long as the middle class has remained relatively unaffected by Washington's retreat, the Republican strategy...
...more judicious about cutting its own. If Americans wish to stem the supply of hardwoods from the fragile jungle or furs from endangered species, then they will have to stem demand for fancy furniture and coats. If they wish to preserve wildernesses from the intrusions of the oil industry, then they will have to find alternative sources of energy and use all fuels more efficiently...