Word: alaskans
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Running alongside the great pipeline, for which it was built, the Alaskan Haul Road stretches 397 miles from Livengood (pop. 25), an old mining town north of Fairbanks, to the bleak oilfields of Prudhoe Bay. Following roughly a parallel course northeastward across similarly unspoiled wilderness, Canada's Dempster Highway extends 465 miles from historic Dawson (pop. 745) in the Yukon to the government-built showcase city of Inuvik (pop. 4,150), close to the Beaufort...
...without years of delays, regulatory hearings and appeals, Carter signed an Executive order setting strict deadlines for processing applications. He also said that the Administration would take action to slice through the bureaucratic barriers that have bogged down plans by Standard Oil of Ohio for a pipeline to carry Alaskan oil from California to Texas. The pipeline would enable some 350,000 bbl. per day of Alaskan oil to reach Eastern markets, thereby displacing the need for an equal amount of imports...
...than 700 permits and applications, the company, which is part owned by British Petroleum, was abandoning its ill-starred effort to launch a $1 billion project that would have been of value to the entire nation. Sohio wanted to convert an unused 700-mile natural-gas pipeline to move Alaskan oil from Long Beach, Calif, to Midland, Texas, for further delivery to the energy-hungry Midwest...
...project would have enabled Alaskan production, presently set at 1.2 million bbl., daily, to increase to a full 1.6 million bbl., and thus help reduce dependence on foreign oil. Without the pipeline, it would be difficult to raise the North Slope output: the West Coast is already overflowing with Alaskan crude, and Sohio is having to ship some 350,000 bbls. a day of it via tanker through the Panama Canal, a process that adds up to $1 per bbl. to the cost. What is more, oil companies are barred from exporting Alaskan oil, even if the purpose...
...past few months, the Chinese approached Gulf Oil and several other U.S. oil majors to discuss possible oil sales, but these firms were not very interested. All were put off by the generally low quality of Chinese crude, the high cost of Pacific shipping and the glut of Alaskan oil on the West Coast. Still, Peking wanted the hard dollars that an oil sale would bring, and the terms of the Coastal States deal were made more attractive than the previous contracts offered to the other companies. The price is believed to be far enough below OPEC levels to offset...