Word: venezuela
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Dates: during 1970-1979
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...fiercely contested New York Governor's race, it's Garth vs. Deardourff. In the clamorous gubernatorial election in Ohio, it's also Garth vs. Deardourff. Even in December's presidential election in Venezuela, it's Garth vs. Deardourff. David Garth and John Deardourff are this year's top media mesmerists, the wizards who tell candidates how to project a winning image...
...Garth and Deardourff best typify this frenetic business. Deardourff spent one recent week racing to Florida for an anti-casino campaign; then to Venezuela for the presidential race, where he is opposed not only by Garth but also by the legendary Joe Napolitan, onetime seer for Hubert Humphrey; then to Detroit, where he is handling the re-election campaign of Governor William Milliken; then to Ohio to write some TV spots for Governor Rhodes; then to Pennsylvania for a conference with Gubernatorial Candidate Richard Thornburgh. Says Deardourff: "You either win or you lose, and people who lose fall...
...North Slope, North Sea production has increased, and promising indications of oil and natural gas have been found in the Baltimore Canyon off the U.S.'s East Coast. Oil companies have also been exploring what are thought to be big deposits along China's coast. And in Venezuela, development is continuing in the area known as the Orinoco Oil Belt, although the oil is thick and heavy. New exploration is also under way in the Arctic, Argentina, Brazil and the Sudan. In Asia, Malaysia and India may soon join Indonesia as sizable oil producers...
Discoveries in the southeast region of Mexico particularly excite U.S. oilmen. The country has recently revised its estimates of proven reserves* from 14 billion bbl. to 20 billion bbl., which would put it in a league with Venezuela, and officials are happily suggesting that the total may be as high as 200 billion bbl. If so, that would put Mexico in a class with the present leading oil country, Saudi Arabia, which has proven reserves in the area of 180 billion...
That nation, along with Venezuela, has called a special meeting of the Organization of American States to discuss the alleged border violations...