Word: program
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Dates: during 1970-1979
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...Government stands ready to help because shale oil is an important part of Jimmy Carter's energy program. The Administration is more optimistic than oilmen: it envisages the production of 400,000 bbl. a day by 1990. Carter wants Congress to grant shale developers a tax credit of $3 a bbl. to make shale oil prices competitive with those of conventional petroleum. In addition to the Senate's $20 billion program, the Administration is providing $2.2 billion in fiscal 1980, largely for shale...
...energy companies and Washington policymakers are sold on shale, others are not. Colorado Governor Richard Lamm protests that any crash development program "could do irreparable damage to our water supply, to our communities, to our environment." State officials, local representatives of the Environmental Protection Agency, the Sierra Club and similar groups are allied to stop or at least to stall shale development. Water, a precious resource in the tri-state region, is one of their greatest concerns. Conservationists claim that shale extraction could use from one to five barrels of water for each barrel of oil, but company officials maintain...
...businessmen and politicians. The U.S. League of Savings Associations unanimously approved the Fed's actions, and the group's chief economist, Ken Thygerson, admits that it "was necessary to deal a lethal blow to speculation in the housing market." Ben Heineman, president of Northwest Industries, calls the program a "sensible way of checking inflation." Even Senate Banking Chairman William Proxmire, normally the central bank's most vociferous critic, endorses the program, saying it has had an important "psychological effect." The battle against inflation finally seems serious...
...fight inflation with your jobs" would be recalled, perhaps vengefully, by blue-collar voters in next year's primaries. Carter's chief economic adviser Charles Schültze and Treasury Secretary G. William Miller began privately hinting that they had worries about the intensity of the Volcker program, and former Fed Chairman Miller made a gratuitous dig at his successor: "Had I stayed at the Fed, my timing would have been different...
...Pritikin Program for Diet and Exercise, Pritikin with McGrady...