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...budgeted $35.7 billion for drilling and exploration this year, 14% less than in 1982. In the field, only 1,882 rigs were drilling in the U.S. in the first week of April (see chart). That count was the lowest in six years and nearly 60% below the December 1981 peak of more than...

Author: /time Magazine | Title: Coming Up with Dry Holes | 4/18/1983 | See Source »

...lied to her both to tease her and out of shyness. Freeman also concludes that Mead was mistaken in believing that adolesence in Samoa is without trauma. He cites statistics showing that teenage delinquency in Samoa can run as much as ten times that of some western cultures, the peak year for a youth's first conviction being at 16 years...

Author: By Simon J. Frankel, | Title: Out for Blood | 4/16/1983 | See Source »

...cocaine extremists seeking peak pleasure at any cost, "free-basing" is the ultimate high. The smoking technique was rare until 1979, when head shops began mass-marketing $15 free-base extraction kits. Although not practiced by most cocaine users, free-basing is disturbingly popular, especially in California. Its toll is high: the risk of drug dependence is vastly greater than with snorting, and no less than with injecting. As cocaine is just one distilled component of the coca leaf, cocaine free-base comes from carrying the refining process one ill-advised step further: the active drug is "freed" from...

Author: /time Magazine | Title: Melting Down | 4/11/1983 | See Source »

Halfway up this grim parapet of fate is a scooped-out ledge, a pocket of tenuous survival, where two men lie panting for breath. Taylor (Jeffrey DeMunn) and Harold (Jay Patterson) have reached the summit of K2. At 28,250 ft., this Himalayan peak is the second highest mountain in the world, topped only by Everest. On the way down, Harold lost his footing and suffered a critical leg wound. Only Taylor can descend for help. He is short 120 ft. of much needed rope, having left it at the last stopping place. He climbs the sheer wall three times...

Author: /time Magazine | Title: Theater: White Hell | 4/11/1983 | See Source »

Only five hours before a midnight deadline last week, Eastern Air Lines avoided a potentially ruinous strike that would have grounded many of its flights just as the peak Easter season was getting under way. But the cost was enormous. Eastern had offered members of the International Association of Machinists and Aerospace Workers, which represents 13,500 mechanics, baggage handlers and other ground personnel at the airline, a 25% raise spread over two years, starting with a 6% hike in April. The union rejected that package. Instead it wound up with a 32% raise by 1984, including an immediate...

Author: /time Magazine | Title: Wing Shot | 4/4/1983 | See Source »

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