Word: two
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Dates: during 1970-1979
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...tighten the country's laws on the matter was defeated in a tie vote, 54-54, when four members of Begin's own Likud Party voted against it. Agudat Israel huffed that its four Knesset members might desert the coalition, thus leaving Begin with a precarious two-vote majority in the 120-seat house. It is a sign of the Begin coalition's failing fortunes that after his election two years ago the Prime Minister enjoyed a comfortable majority...
...Government maintains that the leases cover no spawning grounds on Georges Bank, and that the prevailing currents could easily sweep an oil slick to sea. Secretary of the Interior Cecil Andrus notes that of 292 million bbl. of oil produced last year from off-shore U.S. wells, only two spills exceeded 50 bbl., the largest losing only 135 bbl. Besides, the oil revenues that could be realized even from a small reserve at Georges Bank are hard to turn down. Two decades of fishing might be worth $3.3 billion. Two decades of oil should earn about $7 billion at current...
...House and Senate have already passed by large margins two of the three major Carter recommendations, and will soon begin working out minor differences before sending the legislation to the White House. One act would create an Energy Mobilization Board, which would be able to bulldoze through bureaucratic red tape, legal roadblocks and laws, like the Clean Air Act, that now delay refineries, pipelines and other energy projects. The board would have the power to make some decisions for federal, state or local agencies that were delaying needed developments. The House-passed bill goes further than Carter proposed and gives...
...With the two bills now virtually wrapped up, the Senate also began debate last week on the toughest Carter proposal: a new tax on extra profits that U.S oil companies could make from OPEC price increases. Because the price of American petroleum has been controlled by Washington since 1973, most domestic oil sells for only about half as much as OPEC crude. To encourage both conservation and exploration, the President proposed raising U.S. prices to world levels. But he linked that measure to an additional 50% tax on the oil companies' so-called windfall profits. Under Carter...
Both the Administration and Congress remain reluctant to roll out the two Big Berthas of energy conservation: a stiff new gasoline tax and rationing. The White House so far has not supported the proposal by Anti-Inflation Adviser Alfred Kahn for a 50? per gal. tax. Even Connecticut Democrat Toby Moffett, a former rationing advocate, now concludes that that step "should be the last resort." But if plaintive appeals from Washington to "drive three miles a day less" go unheeded, the nation may be forced to begin considering such Stygian last resorts...