Word: oils
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Dates: during 1970-1979
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...flattered to learn that he has a yellow aura - "a sign of intellect." A friend is told that she has a pinkish glow, which means that she loves people. Archetypal Dowser MacLean, who still works as a chemical engineer in Portland, claims he can divine the arrival of oil tankers even when they are still far beyond the horizon. He adds: "Doesn't make any difference how far the object is if you have the power." California Dowser Jack Livingston professes to have spotted water as far as a continent away. Why don't the dowsers use their...
...drilled from existing wells containing "old" gas. An additional 300 bureaucrats will be needed temporarily to administer this revised price structure; the cost of the effort has been estimated to total $9.6 million. "The bill has been called an administrative nightmare," says John E. Swearingen, chairman of Standard Oil of Indiana. "Instead it is a regulatory disaster...
...additional .7 to .8 trillion cu.ft. a year; consumer groups that favored the bill say no increase at all will occur. Both the Senate Energy Committee and DOE predict that by 1985 greater production of natural gas will save the nation 1.4 million bbl. a day in imported oil. Consumer groups deny there will be any such saving. Much depends, of course, on how innumerable lawyers interpret a bill that even they have trouble understanding. But at least, after 18 months, the Senate finally voted on a national plan to conserve energy...
Since the shocks of the early 1970s, the world's economies have lived in a period of tension and trauma. Oil price increases, world recession, rampant inflation, low growth and severe balance of trade problems have left leaders in the chancelleries and the counting houses doubting the present and fearing the future. But nothing has been worse in a period of crumbling foundations than the decline of the dollar, which is the talisman of an uncertain world. A first move toward a more secure economic future would be to re-establish the stability of the dollar inside a more...
...events, however, may have reassured Smith that in the final pinch the West will come to his aid: 1) a recent congressional attempt to require the U.S. to lift sanctions against Rhodesia by the end of 1978; and 2) disclosures that past British governments looked the other way when oil companies violated a ban on petroleum shipments to Rhodesia. Nyerere professes to be unconcerned about the past. "The international community can see what's been happening. I leave it to them whether they've contributed to the war, to the killing. I'm more interested...