Word: oiling
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Dates: during 1970-1979
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...saying directly that oil will be withheld from the U.S. and perhaps other countries if there is a failure to establish a Palestinian state...
What services did not close down for lack of funds were wrecked by Macias' often inexplicable decisions. Malabo's lone-electric generating plant has been out of commission since it blew up two years ago after Macias decided that it should be operated without lubricating oil...
...Lynn Townsend, Chrysler glanced jealously at the worldwide power of both GM and Ford and tried to emulate them by expanding rapidly at home and abroad. The forced growth was ill-timed, haphazard and too fast. Chrysler entered the 1970s lacking the financial resources to weather three recessions, two oil crises and an enormous wave of environment, safety and fuel-economy regulations...
...other extreme, the Harvard study is gloomy to the point of being defeatist about fossil fuels. Energy Future offers no hope that much new oil can be found in drilled-out America. The authors largely write off as impractical the attempts to recover left-behind oil in old wells. Natural gas, in their view, also has a dim future because proven reserves have been steadily shrinking. Even before Three Mile Island, notes the book, nuclear power was declining. Finally, mining, transportation and pollution problems rule out big increases in coal production...
...book's main flaw is that it gives up too quickly on the existing fuels, while placing too much faith on the unproven performance of solar and conservation. Both of those deserve to be encouraged, but so do existing and future fuels. Oil can be stretched by technological ingenuity, and the potential for developing the nation's shale resources is vast...