Word: provenances
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Dates: during 1970-1979
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...more expensive wells in more inhospitable regions, like Alaska's North Slope or the U.S. outer continental shelf. Since 1973 oil companies have increased the number of wells drilled by a dramatic 63.4% in the U.S. alone, but even at that, new finds have been disappointing, and proven reserves continue to decline...
...relevant court opinions runs against Bakke. The court has tended to take a flexible view of the equal-protection clause, recognizing that extraordinary steps must occasionally be taken to enforce the basic point of the 14th Amendment: protecting blacks. Even racial quotas have sometimes been authorized to remedy proven discrimination...
...Daltrey in the forgettable film version of The Who's rock opera Tommy should have taught him that the formula does not necessarily work. A bomb is a bomb is a bomb, and all of Daltrey's striking looks and blonde curls could not hide the truth. Had Daltrey proven to be as great a drawing power on the silver screen as he had been on the concert stage, Russell could have at least consoled himself by thumbing through the box office receipts while he burned the critics' pans. Although Tommy did enjoy some limited early commercial success. American moviegoers...
...given the wrong set of bad-luck breaks (for instance, a Saudi decision to hold back production), world oil supply could run short of meeting needs in as little as ten years. That agrees with Carter's warning last April that demand could begin to exhaust "all the proven reserves in the entire world by the end of the next decade...
Making confusion worse, the experts nearly all use the same numbers-but confess that those numbers are far from fully reliable. Obviously, a key figure is the size of the world's pumpable oil reserves. Yet the most widely quoted data on global proven reserves come from trade journals, notably the Tulsa-based Oil and Gas Journal. The magazines get their figures from a hodgepodge of sources, particularly the governments of producing countries and the oil companies that operate there. Sometimes the sources give out widely divergent numbers, and an embarrassing amount of guesstimating goes on. On balance...