Word: tankersful
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When technical hiccups occur, the whole global system often begins to tremble and twitch. Example: just as U.S. refinery capacity was being strained by the demand for gasoline, Exxon was hit in late March by a freak fire at its Bayway Refinery in Linden, N.J. The accident has knocked out...
Though White House officials had for weeks been promising a forceful message on energy by the President, the timetable kept slipping as he struggled to get the Egyptian-Israeli peace pact nailed down. Yet when the speech finally came, it more than lived up to the advance billing. In blunt...
Iran started turning off its oil spigots last October and completely shut down exports on Dec. 26, but the resulting shortage in world crude supplies has not yet significantly hit oil-thirsty consumers. The crunch of '79, however, will soon become real enough to hurt. The last tankers loaded...
Helms believes that for too long America has heard only of the Shah's repressions and his violations of human rights. The difficulty of governing Iran was never understood in the U.S. nor, for that matter, was the Shah's loyalty to the U.S. Helms remembers that during...
When the Lindblad Explorer entered the harbor of Shanghai at daybreak, three passengers had special reason to stand on the observation deck to command a full view of the city. Senior Writer Michael Demarest, who wrote this week's special report on the People's Republic, was making...