Word: arco
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Dates: during 1980-1989
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...says, "mostly because of the people, who are contented but not complacent, but also for the clean air, picturesque rivers and forests. Boise residents live there not by chance but by choice." Correspondent Michael Moritz trekked through Tucson, Santa Fe and Salt Lake City before winding up at Arco's Black Thunder mine in Wyoming. He watched in awe as "shovels the size of freighters dumped coal into trucks the size of houses." In Washington, D.C., Correspondent Gary Lee interviewed Congressmen and other powerbrokers active in the frontier states...
...hold some 50% of the nation's recoverable coal, with Montana and Wyoming containing the richest reserves. Wyoming alone has eight times as much low-sulfur coal as West Virginia and Kentucky combined. At the moment, the Powder River Basin straddling Montana and Wyoming attracts the most mining. Arco, Exxon, Sun and Kerr-McGee are already clawing the land, while Shell, Mobil and Peabody are laying plans to share in the basin's 40 billion tons of recoverable coal...
Electric shovels that weigh as much as 3 million lbs. eat into the hillsides while dump trucks carrying 160 tons of coal roar out of the pits 24 hours a day. During the first year of operation in 1977, Arco took 40,000 tons out of its Black Thunder mine. It has now extracted 1 1 million tons, and will take out 20 million tons...
...MacArthur group will pay the purchase price, reportedly about $250,000, to the parent Minneapolis Star and Tribune Co., and assume the magazine's subscription liability of some $3 million. But it will share the magazine's operating costs with the Atlantic Richfield Foundation, whose donor, ARCO, four years ago bailed out another pauper of the press, Britain's Sunday Observer...
...Sure. Exxon gets Chrysler. We split up General Motors, maybe give Cadillac to Sonoco, Buick to Arco. Same with Ford. Presto, sleazo, no more layoffs, no more recession...