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Dates: during 1970-1979
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...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 prices. President Carter, whose standing among environmentalists dropped last month when he signed legislation to complete Tennessee's Tellico Dam, has quietly come out in favor of the drilling...

Author: /time Magazine | Title: Environment: Georges Bank: Fish or Fuel? | 11/26/1979 | See Source »

...Iran and the other oil-producing countries. The key energy recommendations made after the President's eleven-day retreat at Camp David last July should be signed into law within a few weeks. While this action will not forestall another price increase when OPEC meets next month in Caracas, it represents the most serious step taken to deal with the nation's energy woes since the oil crisis exploded...

Author: /time Magazine | Title: Business: A Bit of Good Energy News | 11/26/1979 | See Source »

...coal, shale and tar sands. In July Carter suggested spending $88 billion over the next decade to build some 40 synthetic fuel plants. But three Senate consultants concluded that such a program would be too much, too fast, and waste billions of dollars. As a result, the Senate this month passed a more modest $20 billion bill that will offer loans and price guarantees over the next five years to private companies to open perhaps a dozen commercial synthetic fuel plants. The House passed a smaller synfuels program in early summer but is expected to accept the Senate...

Author: /time Magazine | Title: Business: A Bit of Good Energy News | 11/26/1979 | See Source »

DIED. Ralph Thompson, 75, editor, book critic and, for 23 years, secretary of the Book-of-the-Month Club; of cancer; in New York City. An Army intelligence staffer during World War II, Thompson wrote the "Books of The Times" column for the New York Times before becoming a contributing editor at TIME...

Author: /time Magazine | Title: Milestones, Nov. 26, 1979 | 11/26/1979 | See Source »

...more notable Broadway efforts of the 1930s, including Thornton Wilder's Pulitzer-prizewinning Our Town, A Doll's House with Ruth Gordon and The Green Bay Tree with Laurence Olivier. Harris' memoirs, A Dance on the High Wire (Crown; $10) were published early this month...

Author: /time Magazine | Title: Milestones, Nov. 26, 1979 | 11/26/1979 | See Source »

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