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...says Houston Geologist Larry Meckel. "It could end up being the second or third largest producer in the world." But as with the OPEC nations, the country is husbanding its resources by holding back production. Farther down in South America, efforts are now being concentrated offshore, with Exxon and Shell preparing to drill around Tierra Del Fuego, where Charles Darwin once sailed on the H.M.S. Beagle, and the Falkland Islands. A promising area offshore of the heavy oil deposits of Lake Maracaibo is not being tapped because both Venezuela and Colombia claim the region. Politics also hinders Brazil...

Author: /time Magazine | Title: Business: Looking for Oil Eldorados | 7/7/1980 | See Source »

...boat might have placed higher in the senior eights final had the race not begun before the Radcliffe shell was ready. Coxswain Meg Ziegler said afterwards that although the crew plied extra hard to make up lost ground, their opponents' premature start hindered the crew's chances...

Author: By Laurence S. Grafstein, | Title: Radcliffe Heavies Compete In National Title Races | 6/23/1980 | See Source »

...also rejected the belief of local officials that the rifleman was a professional assassin who had been stalking Jordan. Investigators noted that the gunman amateurishly left behind a shell casing from a .30-06 bullet. Moreover, said Roger Young, the bureau's official spokesman in Washington, hitting Jordan would have been an easy matter for even an average marksman, particularly if the rifle had a telescopic sight; the big man (6 ft. 4½ in., 225 Ibs.) was only 40 yds. away from the matted grass where the assailant lay in ambush...

Author: /time Magazine | Title: Nation: Jordan Riddle | 6/16/1980 | See Source »

...scene of the shooting, police discovered a .30-06-cal. shell casing on a grassy mound in a triangle formed by an exit ramp from Interstate 69, about 40 yds. from where Jordan collapsed. Three patches of matted grass were found in the area, indicating that at least one gunman had been waiting for Jordan with a hunting rifle. But the FBI refused to speculate about whether more than one assailant was involved. Police scoured the area by helicopter and on their hands and knees. They searched nearby trash bins and sewers and interviewed guests but turned up only...

Author: /time Magazine | Title: Nation: Ambush in the Night | 6/9/1980 | See Source »

...year oil company profit figures that helped double the price of gas in the first place. The poor will hardly understand the need for them to sacrifice the programs that keep them above the poverty line when they see their government spend $60 billion on a giant shell-game for its missiles. Families will miss the logic of why they have to earn less and borrow nothing as the only cure for aching inflation, when they realize this policy aims to placate only the business community, lately the biggest beneficiary of the federal government. The unemployed will miss the point...

Author: NO WRITER ATTRIBUTED | Title: The Right Sacrifices | 6/5/1980 | See Source »

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