Word: oiled
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Dates: during 1990-1999
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...outside Yugoslavia was -- or is -- prepared to go to war against him. Military intervention, most believe, would be likely to land outside powers in a Vietnam-style quagmire and cost them heavy casualties. There may be universal outrage at the human carnage, but unlike Iraq's grab for oil-rich Kuwait, Serbia's depredations against Croatia and Bosnia do not threaten the strategic interests of the U.S. or European neighbors enough to justify the risks of sending in troops...
...sanctions go about as far as foreign pressure can, short of war. They will stop all Serbian exports and all imports except for food and medicine, freeze Serbian assets held abroad and break all air links to the outside world. The key measure, though, is an embargo on oil, the lifeblood of both modern industry and mechanized armies, but it is far from certain that the tap will be turned off. Almost half of Serbia's fuel comes from Russia and China, which went along only reluctantly with the sanctions resolution. Some British diplomats are worried that oil may slip...
...ENERGY BILL APPROVED BY THE HOUSE LAST week had something for everyone to hate. Conservationists didn't like the streamlined rules for approving new nuclear power plants, or the absence of stricter fuel-economy standards for cars. Conservatives were bugged by the banning until 2002 of new offshore oil drilling along most of the U.S. coast. But there was something for every interest group to love as well, and while nobody was entirely satisfied with the patchwork that finally emerged from committee, the legislation sailed through...
...develop alternative, renewable energy sources like solar and wind power. It requires the government to buy vehicles that run on non- gasoline fuels, including natural gas and electricity, and promotes energy- saving standards for private construction, appliances, electric motors and lights. Like the Senate version, it does not permit oil exploration in the Arctic National Wildlife Refuge in Alaska, which President Bush had wanted to allow...
...thing the bill avoided was any strong action to deal with the nation's excessive appetite for oil. Besides avoiding new auto standards, it neither raises gasoline taxes nor forces oil companies to pay for expanding the Strategic Petroleum Reserve to reduce reliance on foreign oil. That made environmentalists cringe, but also made the House and Senate energy bills compatible; the final legislation could become law by summer...