Word: refuelers
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Energy companies have been reluctant to invest in CNG fueling facilities because there were no vehicles to use them. Carmakers haven't built the vehicles because consumers wouldn't buy a car they couldn't refuel. Only about 250 U.S. service stations sell CNG (110,000 sell gasoline), but that could change, believes John Watson of Mitchell Energy in Houston. Says he: "The potential is great, but the people who will invest to build the infrastructure have to be convinced it's a winner. GM will be an impetus...
Pilots flying off the Ranger were so eager to refuel and get back into the air to kill more tanks that they had their planes loaded with whatever bombs or missiles happened to be available on the flight deck, rather than waiting for the ship's slow elevators to bring up ordnance specifically chosen for their mission. Pilot after pilot described attacks in which, after the first tank in a column was hit, the crews would abandon the others and set out on foot for home. Correspondents touring the road at week's end found mile after mile of blasted...
...pilots have divided the battlefield into small, lettered squares on the map called "killing zones." Working their way across the desert, sector by sector, spotters direct strike planes onto specific targets on the ground. Electronic-warfare planes black out ground-based Iraqi radar, as airborne tankers circle lazily to refuel the fighters that line up behind them. The whole armada is choreographed by controllers in AWACs radar planes, who see everything in the air for more than 200 miles in any direction. The Iraqis in Kuwait, says Captain Jessie Morimoto, a U.S. Air Force intelligence officer, have "stopped operating...
...Seidman announced the details of a "fall inventory-reduction sale," in which the agency will unload shuttered thrifts and seized assets by the end of the year. Up for grabs will be everything from junk bonds to golf courses to shopping malls. The $50 billion asset sell-off will refuel the bailout process, but it will take its toll on the U.S. by depressing, to some extent, an already weak real estate market in many parts of the country. And taxpayers will be stuck for any losses on properties sold for less than the frequently overstated book values that Washington...
Meanwhile, arms proliferate throughout the Middle East. Last week Libya successfully tested a system to refuel fighter-bombers in midflight, thus improving Tripoli's ability to attack Israel. In Beijing witnesses photographed a heavily guarded convoy of flatbed trucks carrying a total of 26 short-range missiles toward the port of Tianjin. Although it cannot be proved that the missiles are destined for the Middle East, it is feared that they are intended for delivery to Syria or Iran...