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Aiken Standard in Aiken, South Carolina

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Jan 14, 1974

Page

7

Nuclear Power A Safe Bet

AEC officials say MIT study finds no major nuclear plant accident likely. Dr Harbert Kouts cites odds of once in 1 billion to 10 billion years per reactor, with 1,000 reactors by 2000 making catastrophic events rare. MIT researchers led by Norman Rasmussen conducted the two year, $2 million study.

Washington Atomic Energy Commission Harbert Kouts AEC Kouts Massachusetts Institute of Technology Dixy Lee Ray Routs Ray MIT Dr. Ray Norman C. Rasmussen Rasmussen ABC

Oil Firms Say Profits Drive Domestic Oil Decisions

Ten executives from eight of the largest U S oil companies told the AP that domestic crude production lagged because it wasn’t profitable under federal price controls and policy. They cited high costs of secondary recovery, North Slope delays, foreign investments, and lease limits as factors.

Washington Associated Press North Slope Alaska Norman DeBay Gulf Oil Corp Gene Carella FEO Curella Cost of Living Council Council

Inflation Hit Middle Incomes Harder In 1973

Congressional economists report 1973 inflation hit middle income families hardest with a $1,168 rise to maintain 1972 living standards for a $12,614 household. Food costs up $502 and housing $165 drove over half the rise, while taxes rose 15 percent and Social Security 31 percent. The outlook for 1974 is weak with rising unemployment and energy shortages risking a recession.

Washington Joint Economic Committee Congressional

Energy crisis in South Carolina hints at steady power

South Carolina Electric and Gas declares sufficient power for now but warns the nationwide shortage demands conservation. It notes SC's reliance on coal, limited oil use, and potential fuel redirection to hard hit areas while urging public energy savings and ongoing government plans to meet the crisis.

Ikard Sce&g South Carolina

Also Mentioned on This Page

Frank N. Ikard The American Petroleum Institute Industry Trade Organization REVCO Medical Arts Ronald Garrett Greer Jimmy Sievert Fort Myers Fla Nixon Miami Dolphins Jimmy John Wayne Robert E. Bowen AIKEN Laurens St Chamber OF Commerce Lominick Pharmacy Richland Ave. W Eneres
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