Word: proven
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Dates: during 1970-1979
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...beneficiaries of this transfer were a disparate group of oil-possessing Africans, Asians, Latin Americans and, most favored of all, Arabs, who provided two-thirds of the petroleum exports and have more than three-fifths of the proven petroleum reserves in the non-Communist world. One bleak, sparsely populated country is by far the world's greatest seller and reservoir of oil, and one dour, ascetic and shrewd man is its undisputed ruler...
...three schools claim to be using traditional methods. But those involve inserting needles at particular points along lines called "meridians" to affect the functioning of specific organs. In fact, Wall points out, it is now generally recognized in China that the classical meridians for placing the needles have no proven physiological basis...
...profits continue to gush into the Persian Gulf nations, other governments, too, are beginning to make money from the stepped-up quest for oil. In the North Sea, explorations have so far turned up more than 20 billion bbl. of proven reserves, nearly 4% of the world total. Norway alone has proven reserves of about 6 billion bbl., and experts believe that the potential is at least twice that amount. Surprisingly, though, Norway is approaching its new riches with Scandinavian solemnity. Government planners predict that by 1981, oil output will pump more than $2.7 billion in yearly revenues into...
Finally, be wary of new innovations until they are proven. Manufacturers are currently stuffing the market with the new quadrophonic systems. Stay away from these unless you have a large room and lots of money (at least $1000). The lower-priced models are still little more than conversation pieces...
MacKenzie claimed the AEC report's techniques have been proven unreliable in their failure to estimate accident probability in the aerospace industry...