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Priced at $9 billion, the Alaska oil pipeline is the most expensive privately financed construction project in history. In keeping with its grandeur and technical sophistication, it has produced unprecedented engineering, financial, environmental and legal headaches. Not all have been alleviated; surprisingly, in view of the U.S. energy pinch, the pipeline's operators are most uncertain where they can market all the oil that the line will transport (there has even been talk of shipping some to Japan). Nonetheless, this week-nearly a decade after the project's conception and more than three years after construction started...

Author: /time Magazine | Title: OIL: Alaska's Line Starts Piping | 6/27/1977 | See Source »

...banking system and drives up the rate. How have Burns and his colleagues been using their powers? Liberals charge that the Federal Reserve has overemphasized the threat of inflation. They are concerned that any trimming of the growth of the money supply could slow the economic expansion and pinch off any chance of pulling unemployment much below its current 7% level soon...

Author: /time Magazine | Title: POLICY: Arthur Burns: Born Again at 73 | 6/6/1977 | See Source »

...still played in Brooklyn. That Dodger team lost only two of their first 24, coasted to the pennant, then whipped the dreaded Yankees for their first-ever World Series win. Those were the "Bums" of Campanella, Reese, Hodges and Robinson, the "Duke" of Flatbush and big Don Newcombe, whose pinch hitting was as fearsome as his fastball. There was also a little lefthander on the pitching roster named Tommy Lasorda. He was shipped back to the minors after compiling an un-Dodger-like earned run average of 13.50 in only four appearances...

Author: /time Magazine | Title: Sport: The Dodgers: No Longer Seeing Red | 5/23/1977 | See Source »

Enter hero number two. Bobby Jenkins, a seldom-used freshman outfielder, pinch hit with two outs and stroked a single to right to load the bases again, this time for Singleton. "The General," four for four in the first game, promptly lashed a two-run single up the box to tie the game at four...

Author: By Bill Scheft, | Title: Batsmen Split Yale Twinbill | 5/13/1977 | See Source »

Harvard was shut out in the sixth, but in the seventh Stenhouse singled, went to second on a wild pitch, and scored on St. John's pop to right. Before and after this, walks to Halas and Joyce loaded the sacks for a pinch hitter. Would you believe Peter Bannish...

Author: By Bill Scheft, | Title: Batsmen Split Yale Twinbill | 5/13/1977 | See Source »

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