Word: theres
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Dates: during 1970-1979
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Shortly before midnight on Nov. 10, tankers on a 106-car Canadian Pacific freight train, bound from Windsor to Toronto, jumped the tracks. Three explosions from cars carrying propane sent flames that towered into the sky and rattled windows 30 miles away. Firemen at the scene sniffed acrid fumes leaking...
Yet the potential havoc of an oil spill on Georges Bank is considerably greater than at other drilling sites. Attorney Douglas Foy of the Conservation Law Foundation in Boston predicted in court that at least one major spill would occur over 20 years. Worse yet, warned Foy, would be the...
Shouting against the windfall profits tax, oilmen tirelessly contend that higher earnings will motivate them to search harder for oil and gas. Sure enough, as oil profits have marched up this year, so has domestic exploration. Steel drilling rigs, eight and ten stories high, are rising at muddy, cluttered sites...
Gas exploration began to rise at about the same time, as producers finally started to figure out where they stood with the complicated Natural Gas Policy Act, passed in October 1978. It created whole new categories for natural gas and raised ceiling prices on some of them. The category of...
Officially, as the Russians and their East European satellites see it, inflation is a disease unique to capitalism. "With the exception of the war years," triumphs Nikolai Glushkov, chairman of the Soviet State Committee on Prices, "there has never been any inflation in the U.S.S.R., nor does any exist today...