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Help from the North. The whole debate has been intensified by the discovery of a huge pool of oil under the snows of Alaska's North Slope. The biggest new find in the U.S. since the East Texas strike of 1930, the North Slope promises to lessen U.S. dependence on oil from the Middle East. Walter Levy, internationally known oil consultant, estimates the find could run as high as 20 billion barrels, enough to increase U.S. reserves by two-thirds...

Author: /time Magazine | Title: Oil: Battle Over Special Privilege | 6/13/1969 | See Source »

...their part, oilmen maintain that they would not have risked North Slope drilling without the depletion allowance, and claim that the allowance is necessary to spur further development. Despite the likelihood of a cut in the allowance, however, the managers of Atlantic-Richfield, British Petroleum and Jersey Standard believe that the find will be so profitable that they plan to invest $900 million in an 800-mile pipeline. It will bring the oil to the ice-free port of Valdez, Alaska. In order to expand its marketing of Alaskan oil, British Petroleum last week announced its intention of merging with...

Author: /time Magazine | Title: Oil: Battle Over Special Privilege | 6/13/1969 | See Source »

...museum that could adequately display it. Manhattan's Guggenheim Museum turns out to be just the place, with its soaring inner space and gigantic spiral ramp designed by Frank Lloyd Wright. A few large, most strongly vertical works look slightly lopsided because of the ramp's slope. But by and large the Guggenheim's arbitrary architecture admirably enhances the drama of Smith's career...

Author: /time Magazine | Title: Sculpture: Totems of a Titan | 4/11/1969 | See Source »

Soon Tim and Eric pointed the way. We would walk through a dead-looking forest slope of about 100 yards to reach our destination. As we started our trek I saw little except snow and mist. I took about two steps into the forest--and then discovered that the cold ground cover below was much different from the slush I had left behind in Cambridge. My left foot sunk below the surface, and I pitched forward, dropping my sleeping bags before me and sinking into about three feet of snow. No sooner did I collect myself and my bundles, than...

Author: By Frank Rich, | Title: The Ghosts of New Hampshire | 4/10/1969 | See Source »

...FISH. Shortnose sturgeon, longjaw cisco, Piute, greenback and Montana west-slope cutthroat trout, Gila and Apache trout, the desert and Moapa dace, humpback chub, Colorado River squawfish, Cui-ui, Devils Hole, Comanche Springs and Owens River pupfish, Pahrump killifish, Gila top minnow, Maryland darter and blue pike...

Author: /time Magazine | Title: Animals: Escape from Extinction | 3/28/1969 | See Source »

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