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...muscular arm-twister who has been able to quash price increases with subtle combinations of browbeating and incentives. Dunlop, for instance, decontrolled such industries as autos, rubber and fertilizer in exchange for promises that executives would voluntarily hold down their prices and, in some cases, step up their output. Recently he said that he might urge the Administration, perhaps through the Federal Energy Office, to allocate scarce building materials to parts of the country where construction unions agree to only modest wage hikes this year. Of course, not everyone is confident that Dunlop can hold back inflation with nothing more...

Author: /time Magazine | Title: THE ECONOMY: Getting Out of Controls | 2/18/1974 | See Source »

Choice Area. It is clear, though, that producing governments will increasingly call the tune. Saudi Arabia has already slowed an ambitious Aramco expansion program, and will likely permit output to rise only slowly from the present 7.3 million bbl. a day even after the embargo ends; Faisal's government has little need for the revenues that additional sales would bring. Thus Aramco has next to no chance of boosting production to 20 million bbl. a day by 1982, as it once planned. That Saudi policy alone will keep worldwide oil supplies tight for years to come...

Author: /time Magazine | Title: OIL: Exxon: Testing the International Tiger | 2/18/1974 | See Source »

...company is rich in reserves of what oilmen call "politically insensitive crude"-oil least subject to nationalization. It is among the largest developers of the two richest fields discovered in the past decade: in the North Sea and on Alaska's North Slope. Both should reach peak output around 1980. Exxon also owns most of a field off Santa Barbara, Calif., which holds reserves estimated as high as 1 billion bbl. but cannot be fully exploited until environmentalist objections are overcome. More oil surely lurks beneath the Gulf of Mexico. When the Government two months ago auctioned off drilling leases...

Author: /time Magazine | Title: OIL: Exxon: Testing the International Tiger | 2/18/1974 | See Source »

...burns so much more cleanly and efficiently than ordinary oil that it can cut fuel consumption by at least 20% while producing almost no soot or ash. He also claims that road tests show that a car can run on 18% water and 82% gasoline, with such a low output of pollutants that the engine does not need the mileage-robbing emission-control devices required on new cars. Similar results are reported by University of Oklahoma Professor Walter Ewbank, who is testing a gasoline blend containing 13% water on some Postal Service trucks...

Author: /time Magazine | Title: FUELS: Oil and Water Alchemy | 2/11/1974 | See Source »

Jenkins and Silver shared rebounding honors, with only nine apiece, indicating the extent to which Sanders' starters viewed the action from the bench. Silver continues to lead the Ivies in rebounds, averaging 13.3 per contest, while sporting a 17.9 point scoring average output...

Author: By Robert T. Garrett, | Title: Cagers Crump Cornell, 74-63, Rise to Third Place in League | 2/11/1974 | See Source »

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