Word: oiling
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Dates: during 1980-1989
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...good schools. Property taxes are high -- almost $1 per $100 of assessed valuation. But because the district encompasses part of a tax-exempt Air Force base and lacks tony subdivisions, the tax rate translates into $3,596 per student. In the Santa Gertrude school district, located on the oil-rich King Ranch in south Texas, property taxes are low -- only 8 cents per $100 of assessed valuation -- but the total spent per student...
...deriding Bush's entourage as the "Keystone Kops" and denouncing a "total lack of planning." More surprising were the Democrats who lined up to criticize the Administration's caution: in the past, many of them had espoused anti-interventionist sentiments in Nicaragua and toward the Navy escorts of Kuwaiti oil tankers during the Iran-Iraq war. Senator John Kerry of Massachusetts called the episode "a black mark on our diplomacy and our values." Congressman Les Aspin of Wisconsin declared, "We should go in and capture Noriega." Aspin differentiated between military intervention and "a snatch. All I want is Noriega...
...clampdown could create conflict between automakers and the oil industry, as each side seeks to pass responsibility for meeting the standards on to the other. "The carmakers want to say 'reformulate the gasoline,' " says William Randol, an oil-industry analyst for First Boston. "But who will make the investment to do this?" He noted that Shell Oil has estimated that it would cost billions of dollars to develop new clean-burning gasolines...
...cowboys won -- everywhere nature is being tamed -- but victory over nature is a kind of suicide. The rules change when there is only one political party allowed in a country or there is only one company selling oil or shoes. So too when a species becomes numerous and powerful enough to gain the illusion of mastery. What we have now is a sort of biological equivalent to a black hole, wherein a star becomes so massive and dense that it bends space and time totally around itself and then pays the ultimate price of domination by disappearing...
Take the existing federal gasoline tax. Anyone can understand it. At a flat 9.1 cents per gal., it's easy to collect and reasonably fair, since the more you use the roads, the more you pay for them. It also discourages things we want to discourage: dependence on foreign oil, the trade deficit, pollution and traffic. As taxes go, this one's a winner...