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...luck ran out at thousands of factories, small plants and even schools that depend on a vital energy source: natural gas. Pointing to rising consumption of the clean-burning fuel, as well as dwindling supplies, gas-industry experts had been forecasting severe shortages for several winters, only to have mild weather make it appear that they had been crying wolf. But this season, the early warnings had been sounded as far back as November-and suddenly they proved all too accurate. "The past four or five winters have been comparatively warm," said Carl Suchocki of the Natural Gas Supply Committee...

Author: /time Magazine | Title: ENERGY: Luck Runs Out on Natural Gas | 1/31/1977 | See Source »

...editor: Australian-born TIME Senior Editor Edwin Bolwell, a former New York Timesman and Toronto Star managing editor. Murdoch has added a distinctive dark red banner across the top of the front page and banished ads from the first seven pages. Page six has been reserved for a mild stew of short, gossipy items?including last week's tongue-in-cheek rewrite of an Associated Press report that ten people in Argentina have been stung by ?you guessed it?killer bees, and a copy of a telegram sent to Murdoch by Screw Magazine Publisher Al Goldstein asking...

Author: /time Magazine | Title: THE BATTLE OF NEW YORK | 1/17/1977 | See Source »

...Washington Star. "We knew it was very difficult to buy any large viable newspaper in the U.S., except for astronomical figures," he recalls. "So I said, 'Let's start something in the popular field.' " Result: the National Star, a spirited tabloid teeming with sports, advice and mild thrills ("Ferocious swarms of man-killing bees are buzzing their way toward North

Author: /time Magazine | Title: THE BATTLE OF NEW YORK | 1/17/1977 | See Source »

Final Crunch. The lull in the energy crisis has been the result of two developments for which governments can take no credit: a succession of mild winters and the global recession of 1974-75. Both held down fuel consumption and tended to obscure a frightening fact: in the long run, the world is going to run out of oil. Known reserves may well be nearing depletion before the end of the century, sending crude production on an irreversible decline-and before that point is reached, demand pressures will push petroleum prices to confiscatory levels, threatening economic chaos. So current consumption...

Author: /time Magazine | Title: ENERGY: Fiddling Dangerously While Fuel Burns | 12/20/1976 | See Source »

...weather in New Delhi was seasonably mild last week, with temperatures mostly in the 70s. If Prime Minister Indira Gandhi had had her way, however, it would have been a lot hotter in the pressroom of the Indian Express (circ. 400,000), the flagship of India's largest newspaper chain. Reason: government officials tried a few weeks ago to rip out the paper's air-conditioning system and auction it off to satisfy a disputed tax bill. Only a last-minute court injunction saved Express workers from a daily steam bath...

Author: /time Magazine | Title: The Press: A Cold War for Press Freedom | 12/20/1976 | See Source »

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