Word: watt
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...Watt angers conservationists, then surprises them
...step forward, one step back. It was that kind of week for James Watt, President Reagan's controversial Secretary of the Interior. First, his department announced plans to lift wilderness protection from more than 805,000 federally owned acres in ten Western and Southwestern states, possibly opening the land to various forms of development. Then, in a move that some conservationists dismissed as more symbol than substance, he laid to rest his longstanding intention of issuing oil and gas leases in existing wilderness areas...
Budget battles heat up late in the month between the White House and Congress, and charges fly. Capitol Hill Democrats call the President stubborn and unrealistic. He declares, in response, that opposition to his budget--"and to the Peacekeeper. Jim Watt and Nancy"--is "Communist-inspired." He does not elaborate...
...nothing seems to have stopped the company's growth. In addition to its direct-selling business, second in size only to Avon's in the U.S., Amway owns the Mutual Broadcasting System, the largest radio network in the U.S. (950 affiliates), two 50,000-watt radio stations in Chicago and New York, the Grand Plaza Hotel in Grand Rapids and a resort in the British Virgin Islands...
Concern over pollution is one reason the Santa Maria basin was not explored sooner. Only since Interior Secretary James Watt took office in January 1981 have oil companies been encouraged to explore aggressively for new reserves in undeveloped areas. Their recent successes have come after the highly publicized and expensive failures at Georges Bank off the Massachusetts shore and the Baltimore Canyon off New Jersey. Experts have known of petroleum deposits in the California basin for years, but ignored them because early tests showed, inaccurately, that the oil was heavy and hard to refine...