Word: petroleum
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Dates: during 1970-1979
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...when we are suffering an oil shortage, our friends backstab us by boosting prices and cutting supplies. I look forward to the day when alternative energy sources replace fossil fuels and Americans can tell the OPEC and other oil-producing countries just where they can put their petroleum...
Washington was alive with investigations and promises of investigations to find out what went so terribly wrong at the Metropolitan Edison Co. plant. In his major energy address Thursday night, Jimmy Carter preceded his call for phased decontrol of oil prices and a windfall tax on petroleum companies (see ECONOMY & BUSINESS) with the announcement that he would appoint an independent commission to look into the accident and make recommendations for improving the safety of all nuclear plants. Said the President: "You deserve a full accounting, and you will...
...states, could lead to slower growth of electric supply, less industrial production, fewer jobs, lower standards of living. Oil cannot take over the role of nuclear power in generating electricity, even if the nation were foolish or desperate enough to speed up the already frightening increase of oil imports. Petroleum is too expensive and too much in demand for transportation, home heating, chemical output...
Sheik Ahmed Zaki Yamani, Saudi Minister of Petroleum...
...commensurate political influence in the central government. The Westerners served for decades as a captive market for high-priced manufactured goods from Eastern Canada. Now that they have come into their own, oil-producing Alberta and Saskatchewan are resentful that the Trudeau government has claimed a slice of their petroleum revenues to subsidize the price of imported oil, on which most of Eastern Canada depends...