Word: panamas
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...hysterics over the Panama Canal? The canal is on the way to obsolescence. By the year 2000, when Panama takes over, it will be no more than a quaint monument to a time when we Americans could do anything. And the Panamanians will have nothing more han the popcorn and hot dog concessions at this museum...
Senators John Tower and Howard Baker added SALT to the wounds by criticizing negotiations toward a Strategic Arms Limitation treaty that, Tower said, "would place the United States at a strategic disadvantage." The manifesto lays the groundwork for a Senate debate on SALT that could surpass in intensity the Panama Canal battle. Tower and Baker agree that any proposed SALT agreement will be a fall election issue...
...building west of the Rockies. At times, as many as 20 bulging tankers have been backed up in California's Long Beach harbor. Nearly half a million barrels of Alaskan crude, which oilmen had originally figured would go to the West Coast, are rerouted daily through the Panama Canal to the Gulf or East Coast ports at additional costs of more than $1 million. And although independent California oilmen are protesting a surplus that has forced them to close, or "shut in," some wells, the West Coast continues to import 400,000 bbl. a day from Indonesia...
This would not solve the immediate problem of finding an inexpensive and efficient way to move Alaskan oil to markets where it is really needed. Many plans have been considered, especially because Alaskan oil shipped through the Panama Canal is even costlier than OPEC oil on the East Coast. One idea is a three-way trade: Alaskan oil could be shipped to Japan, replacing OPEC oil that would then be sent to the U.S. East Coast. Problem: the export of Alaskan crude would raise a political storm...
...President to break the deadlocks, to rally support for his programs (or at least for the ones we like). If chauvinists got as far as they did in trying to defeat the Panama Canal treaties, we blame Carter for not rousing the country behind his proposals. If the Midwestern growers or the Western truck farmers are unhappy with Carter's food or water policies, we blame him, not necessarily for the policies but for somehow not soothing those interests...