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...clearly was in trouble. By a vote of 268 to 157, the House had just approved a proposal that the industry thought it could defeat: legislation that would set aside 126 million acres of Alaska's most spectacular wilderness. The bill would place stringent limits on how the land could be developed by oil companies looking for new sources of petroleum, as well as by lumber and mining interests. The most sweeping land conservation legislation in U.S. history, the bill would preserve an area slightly larger than California. It would also protect the great caribou herds in the Arctic...

Author: /time Magazine | Title: Nation: Backlash Against Big Oil | 5/28/1979 | See Source »

What could be done? The Yankelovich survey showed that the public favors a variety of rather stringent measures to curb inflation. Half of those surveyed said mandatory price controls would help check inflation, even though popular opposition is usually considered one of the main reasons why controls haven't worked well in the past. Slightly more than half of the respondents said some sort of restriction on the use of credit cards would help, as would putting a ceiling on housing prices...

Author: /time Magazine | Title: Nation: The Trouble Is Serious | 4/30/1979 | See Source »

...even higher prices for oil products at a time when oil companies are making near-record profits. Decontrol is, unfortunately, one of the few options open to a president concerned with reducing American dependance on foreign oil. Although the Senate Energy Committee passed a standby rationing proposal, more stringent measures, though desirable, are politically unfeasible. The failure of Carter's 1977 energy proposals and the imminent watering-down if not complete destruction of his windfall tax proposals serve as ample evidence that the strong oil lobby within Congress can effectively block progressive energy measures. Voters must begin to pressure congressmen...

Author: NO WRITER ATTRIBUTED | Title: Decontrol: A Timid Step | 4/28/1979 | See Source »

...later was appointed U.S. Ambassador to Belgium by President Roosevelt. Here signed his diplomatic assignment the following year and was named to the Cabinet by his good friend Harry Truman in 1948. A conservative Democrat who served as the Administration's envoy to the business community, Sawyer denounced stringent antitrust legislation and advocated lower corporate taxes and a balanced budget. He found himself severely tested in 1952, when Truman seized the steel industry in order to avert a strike. The President ordered Sawyer to administer the mills and grant workers and owners wage and price increases. Unhappy with...

Author: /time Magazine | Title: Milestones, Apr. 23, 1979 | 4/23/1979 | See Source »

What happens if nuclear construction is slowed still further, or even halted? The immediately available alternatives are unappealing. The nation shows little willingness to adopt stringent measures to conserve power. Natural gas supplies are limited and uncertain. Coal is abundant, but burning it dirties the air. The hazard of relying on oil was underscored once again last week by OPEC's price increases...

Author: /time Magazine | Title: Nation: Atomic Power's Future | 4/9/1979 | See Source »

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