Word: surpluses
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...electricity needs of its 9 million customers in New York City and neighboring Westchester County, Con Ed can either 1) rely largely on its own generators, or 2) buy power from neighboring utilities if the load-or demand from its users-is high, or 3) sell off surplus electricity to other companies. Yet those choices are complicated by another fact: electrical energy cannot economically be stored. Even a relatively small variation in load in one part of the system must be quickly compensated for elsewhere along the line. Indeed, the decisions of controllers to buy or sell electricity...
...what remains of California's 840-mile coastline. A new law freezing the state's agricultural acreage will halt the untamed growth of suburbs. Smog is down 50% in the L.A. basin because of stiff fines and surveillance. Two-thirds of a projected $2.5 billion state budget surplus has been earmarked for public school financing and middle-class tax relief...
Characteristically, the Yuvali found no port in Asia that was willing to accept its surplus cargo, which included two dentists, a surgeon, a professor of geography, a former ARVN major, two bankers, two nurses, several fishermen, and 16 children under the age of ten. Captain Tadmor made an unscheduled stop in Hong Kong to get the refugees desperately needed medical attention; authorities in the British crown colony refused to allow them ashore on the ground that the Yuvali was not scheduled to call at Hong Kong...
What to do with the surplus? Half a dozen plans have been proposed. One is to land the crude at Long Beach, Calif., and pump it into Sohio's idle California-Texas gas pipeline, which would feed pipeline systems in the energy-short Midwest. Environmentalists object that vapors from unloading tankers would further foul California...
Part of the responsibility for the growing wheat surplus rests on the farmers themselves. Sensing last fall that an expanding "carryover" of unsold wheat would depress prices, they paradoxically overplanted. Reason: federal price supports are based on the percentage of acreage seeded, and farmers wanted to get as much of their land covered by the supports as possible. In addition, record-breaking wheat crops were harvested worldwide last year, cutting into American farmers' export markets. The U.S. consumes only about two-fifths of its wheat crop, relying on foreign buyers to gobble up the rest. Another bounteous global grain...