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...second oil shock, which was brought about by the shutdown of the Iranian oil industry, has resulted in a telescoping of events that most experts thought would take 20 years to occur. In other words, the doubling of world oil prices last year was not expected to take place until the year 2000 or beyond...

Author: By Robert B. Stobaugh, | Title: Energy Shock | 1/7/1980 | See Source »

Wacker said Harvard officials had set October 19 as the cutoff date for research but had been able to find an alternate dumping site in time to prevent any research shutdown...

Author: By William E. Mckibben, | Title: Councilors, University Officials, Santa Discuss Radioactive Waste Questions | 11/20/1979 | See Source »

...addition, NRC Chairman Joseph Hendrie told the House Subcommittee on Energy and Power that some existing nukes may be unable to meet the new safety rules and therefore may have to reduce their generating output. He also disclosed that the NRC is considering ordering a shutdown of some plants now operating in heavily populated areas. Said Hendrie: "In some of the older sites, the population density is such that evacuation might not be entirely successful in the worst kinds of accidents." He refused to specify which plants he had in mind, but two possibilities are the ones at Indian Point...

Author: /time Magazine | Title: Nation: Nuclear Freeze | 11/19/1979 | See Source »

...Carter pledge came after months of pleading from Chrysler executives that without a quick infusion of cash the company faced not just more losses and heavier layoffs but perhaps even a bankruptcy followed by a shutdown that would further weaken the nation's economy. That, plus the fear of having to campaign for renomination at a time when Chrysler plants might be closing for lack of operating capital, is what finally prompted the Administration to set aside any philosophical doubts about such a bailout and back a big loan guarantee...

Author: /time Magazine | Title: Business: Big Loss, Bigger Bailout | 11/12/1979 | See Source »

During the long shutdown, the 400 or so Times journalists reported to the office twice a week, covered their beats as best they could and worked on long-term stories. Some two dozen Timesmen busied themselves writing books, others freelanced for magazines, but none completely escaped the ennui that afflicts a newspaperman suddenly without a newspaper. "I feel like a frog in the winter," Times Foreign Editor Charles Douglas-Home said at one point. "All horizons have contracted. Things continue to function, but at a tiny percent of efficiency...

Author: /time Magazine | Title: Press: Return of the Thunderer | 11/5/1979 | See Source »

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