Word: proven
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Dates: during 1970-1979
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...secretive, inhibited and legalistically subtle, more adept at what Carlyle called "the talent of lying in a way that cannot be laid hold of." Where virtue and veracity are concerned, it might be shrewder to make a sunny presumption of innocence and rely on the American people's proven talent for discerning, sooner or later, that they are being lied...
Painful End. For the past seven years, the consumption of natural gas has outrun new discoveries at an alarming rate. Barring a dramatic reversal of present trends, the U.S. will exhaust its present proven reserves of 234 trillion cu. ft. in eleven years. There is no guarantee that new wells would bring in abundant new supplies. U.S. potential (as opposed to proven) gas resources are currently estimated at 322 trillion to 655 trillion cu. ft., roughly a 15-to 30-year supply, but that figure is little more than a guess. In any event, lead times for bringing...
...hope is that higher prices for new gas would trigger enough new drilling to arrest the decline in proven reserves by the 1980s, when other forms of gas, notably illogically named synthetic natural gas (which is manufactured from coal) and imported liquefied natural gas could supplement the real stuff, though at a very high cost. For the U.S., the cold reality is that the era of plentiful low-cost natural gas is ending quite as painfully as did the bygone age of cheap, abundant...
...thing that kept anguished executives from shutting everything down and restaging the movie in the studio tank was that they were backing an adaptation of a proven commodity, a best-seller of numbing durability. There are over 5½ million copies of Jaws in print. Producer Richard (son of Darryl) Zanuck and his partner David Brown paid $175,000 for the movie rights and a Benchley script...
...since October 1973 has left the OPEC nations far ahead of the game, and the oil price boosts have mightily helped to fan the Western inflation about which they complain. Indeed, OPEC's plans reflect raw economic power; given their control of 68% of the world's proven oil reserves, the nations in the cartel can set prices just about anywhere they choose...