Word: piped
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Dates: during 1970-1979
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President Ford looked trim and rested, his face surprisingly unlined, as he met with members of TIME'S editorial staff" in the Oval Office last week. He sat easily in an armchair, cupping an unlit pipe in his left hand, and answered questions on energy and economic policy, foreign affairs and the demands of presidential leadership. In several areas, he was clearly still in the process of formulating his State of the Union program. The questions were asked by Managing Editor Henry Grunwald, Chief of Correspondents Murray Gart, Washington Bureau Chief Hugh Sidey and White House Correspondents Bonnie Angela...
...independent oilman, A.V. Jones of Albany, Texas, estimates that he could increase his company's new drilling by 50% if he had the necessary material. As it is, he says, "if all the wells I've got going now come in, I don't have enough pipe in the yard to furnish them...
...result, second-hand equipment, once regarded as throwaway junk, is now attracting premium prices. New drilling pipe sells for $10.50 per ft. when available; when it is not, wildcatters often settle for used pipe supplied by oilfield hustlers at $20 per ft. "They charge an arm and a leg," complains Walter Bates, owner of a well-service firm in Odessa, Texas. "But I'm happy to pay any price to get the equipment I need." Sometimes, the equipment is not only high-priced but hot as well. Says Sheriff Elwood Hill of Odessa: "They are stealing just about everything...
Henry F. Mosiello, 37, a debonair, pipe-smoking mechanical engineer from Union City, N.J., has drawn up incorporation papers and hopes to have New Vista Broadcasting Inc. in business by the end of January. Mosiello's corporate headquarters is in a dilapidated, 19th century building in Trenton, where the state of New Jersey required him to move in 1971. "The rent is right," says Mosiello, as he sits in his modest "office" -cell 105, 3 Tier, 6 Wing Right, Trenton State Prison. While other cons roam idly through 6 Wing, struggling with the numbing daily routine inside what they...
...bust-to-boom turnaround in Botswana began in 1967 with the discovery of the world's second largest diamond "pipe," a gem-rich geological formation nearly a mile across. The government's part ownership with De Beers Consolidated Mines, plus tax receipts from diamond exports, earned the country some $25 million last year, but that was only the beginning. Geologists reckon that the pipe may be good for 500 years of mining, and they have discovered a second one 30 miles away whose diamond deposits could be even more profitable...