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...toward Greenland. From there the 115,000-ton ship, the most powerful in the U.S. merchant fleet, will turn westward into the passage itself, heading for Prudhoe Bay and the oilfields of Alaska's North Slope. Her mission is to test the feasibility of using supertankers to carry Alaskan oil to the markets of the U.S. East Coast. If all goes well, the Manhattan will make the perilous 10,000-mile round trip in about three months...

Author: /time Magazine | Title: Business: A $40 MILLION GAMBLE ON THE NORTHWEST PASSAGE | 9/5/1969 | See Source »

...managers of Atlantic-Richfield, British Petroleum and Jersey Standard believe that the find will be so profitable that they plan to invest $900 million in an 800-mile pipeline. It will bring the oil to the ice-free port of Valdez, Alaska. In order to expand its marketing of Alaskan oil, British Petroleum last week announced its intention of merging with Standard Oil of Ohio, whose stock promptly shot up 271 points to close...

Author: /time Magazine | Title: Oil: Battle Over Special Privilege | 6/13/1969 | See Source »

...choked Northwest Passage to the Arctic next month. Denver's King Resources Co., wagering that the Manhattan will make it, has drafted plans to build a deep-water port in Maine's Casco Bay. That port is even closer to the North Slope than Seattle is. No Alaskan oil is expected to be delivered to any of the "lower 48" states before 1972 at the earliest. But its existence may provide Congress with the reasons it needs to mate some major changes in the oil industry's present privileges...

Author: /time Magazine | Title: Oil: Battle Over Special Privilege | 6/13/1969 | See Source »

...Alaska and some other states, such damage is not very extensive. Many Alaskan fires burn so slowly that even spiders can outrun them; very little wildlife is destroyed. With permafrost so close to the surface, it often takes trees 70 years to reach a diameter of four inches. They are "useful" only for pulp, but the nearest roads for a hypothetical pulp mill are often hundreds of miles from any particular forest. The fires' contribution to air pollution is only temporary, and the grass and moss burn so in- completely that humans' fire trenches may cause as much erosion...

Author: By Mark W. Oberle, | Title: Why Not Let the Forests Burn? | 5/16/1969 | See Source »

...this myopic viewpoint the fact that the fire suppression creates jobs in backwoods areas, and you have a magnificent sacred cow. Many Alaskan prospectors and Indians, for instance, depend heavily on firefighting for their annual grubstakes. It is widely believed, but yet to be proven, that native villagers start their own fires if their village crew has been idle during the fire season. Last year, the Federal Government spent $9.2 million in Alaska alone to suppress fires, most of which were started by lightning, and many of which occurred in distant wilderness areas. If controlled forest fires really...

Author: By Mark W. Oberle, | Title: Why Not Let the Forests Burn? | 5/16/1969 | See Source »

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