Word: outputted
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White is lobbying hard for a bill, introduced by Senators Warren Magnuson and Adlai Stevenson III, to establish a national oil company to compete with private producers. This proposed federal corporation would explore and drill for oil and gas on public lands. The price of its output would be strictly related to the cost of production, and so is supposed to serve as a yardstick by which to measure the profit margins of private companies. "The bill," White says, "has a chance, a bare chance, to pass...
...Yanks also present a powerful outfield, led by superstar Bobby Murcer and newly-acquired Lou Piniella. Murcer is, with little doubt, one of the five best players in the entire A.L., but the Yankees may be relying a little too heavily on his output...
...embargo would mean little: it would only enable the U.S. to bid against Europe and Japan for oil supplies that would still fall well short of world demand. But Washington experts expect that an easing of the embargo will be accompanied by a decision to boost output back to prewar levels-if not this week, then soon thereafter. Whenever it happens, says Federal Energy Chief William Simon, it would "make our job a hell of a lot easier. We will be able to supply industry with 100% of its needs and allow it to grow." Another immediate result: the Government...
...President contended that the rollback would deepen gasoline shortages, presumably by discouraging oil companies from stepping up exploration and production. Supporters of the provision say that it would knock gas prices down as much as 4? per gal. and still give oilmen more than enough incentive to boost output-since the rolled-back price would still be higher than any prevailing before late last year...
...most part, newsmen stationed in Hong Kong-with easier access to seasoned China experts as well as Chinese returning from mainland visits-tend to file more knowing reports on politicking within China's hierarchy. Hong Kong-based reporters dismiss the Peking corps' output as mainly "sights, sounds and smells." Yet, as Burns points out, there is a wide market for atmospheric human-interest tales. Thus Burns recently filed a poignant portrait of an elderly White Russian émigré in the remote northern city of Harbin. Last spring he ran in Peking's annual seven-mile "round...