Word: tanker
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...backyard -the Alaska pipeline. The oil reserves under Alaska's North Slope remain as frozen in controversy today as they were when the 789-mile pipeline to the ice-free port of Valdez was first proposed in 1969. The line has been stalled in part by environmental issues. Tanker traffic would almost certainly result in oil spillage and leaks from the pipeline-it would traverse three earthquake zones-could endanger the ecology of the arctic tundra. Yet the conservationists' biggest weapon turned out to be a narrow technicality: the required right of way would exceed the legal maximum...
...provide the oil that is vital to Israel's powerful military machine, a stream of tankers this year will carry more than 35 million tons from Persian Gulf fields up the Red Sea to the port of Eilat. The southern part of this supply line has never been really safe, however. That was demonstrated in 1971, when a small group of fedayeen armed with bazookas attacked the Israel-bound Liberian tanker Coral Sea as it passed through the ten-mile-wide strait of Bab el Mandeb (Gate of Tears). The attack prompted an audacious -and secret-Israeli countermove...
...much as 3,000,000 bbl. of oil, draw up to 89 ft. of water at dockside. Delaware, the only other state with harbors deep enough to handle the ships, is already off limits; in 1971, it passed a conservation law forbidding any more heavy industry-including oil-tanker facilities-on its shoreline...
...strong resistance to the plan. In New Jersey, the state's two Senators angrily oppose the superport projects, and Governor William T. Cahill bluntly calls them "unacceptable." At congressional hearings on the subject last week, Delaware's Senator Joseph R. Biden warned that if just one tanker splits apart, the oil spill "probably would swallow up my whole state...
...Gaddafi has been distressed by charges cited in a lawsuit filed in the U.S. that Occidental had won its concessions partly by f unneling money to officials of deposed King Idris, one a former minister who is now in jail. In 1971 Occidental lost $88 million on a mistimed tanker charter venture: it chartered a fleet of tankers when rates were rising sharply, then found that it did not need so many and was stuck with high-priced ships as rates collapsed. The company has since renegotiated many of the charter contracts. Angry shipowners charge that the company got them...