Word: basins
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Dates: during 1950-1959
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Watkins proceeded to put in a plug for something near to his heart: the billion-dollar power and reclamation project proposed for the Upper Colorado River Basin. There was, said Watkins, nothing socialistic about the idea; private utilities in the West were ready and eager to buy the power. Moreover, backing by the President would help refute some of the talk about the Administration's "giveaway" policy on natural resources. "That's a good idea," said Ike, turning to an assistant and giving the necessary order...
Even after Canadian Oilman Frank McMahon lost out in his fight to pipe natural gas from the vast Peace River Basin* of Alberta and British Columbia into the U.S. Northwest (TIME, June 28), he refused to concede defeat. Although the Federal Power Commission awarded the franchise to rival Ray Fish's Pacific Northwest Pipeline Corp. (see map), nature had spotted McMahon's untapped gas supplies some 400 miles closer to Seattle than the San Juan Basin along the Colorado-New Mexico border, from which Fish planned...
...Fish's Pacific Northwest will go ahead early next year with its FPC-approved plan to build a 1,466-mile, $168 million pipeline from the San Juan Basin to Bellingham, Wash., start pumping gas through the line by the summer of 1956. Pacific Northwest will also extend the pipeline 20 miles to the Canadian border, build a major transfer station at Mt. Home, Idaho...
...McMahon's Westcoast Transmission Co. Ltd. will build a 670-mile, $120 million pipeline from the Peace River Basin to the U.S. border, sell Pacific 300 million cu. ft. of gas a day at 22? per thousand cu. ft., pipe an additional 50 million cu. ft. a day to Vancouver...
...Line. To swing the deal, McMahon was aided by some potent allies. El Paso Natural Gas wanted Canadian gas brought in to prolong the life of the San Juan Basin. Californians, whose daily gas consumption (1,400,000,000 cu. ft.) is growing 11% yearly, were worried that 2,800,000 new gas customers in the Northwestern U.S. would exhaust San Juan, thus shut off California's major source. Phillips Petroleum Co., which has big gas reserves in San Juan, also has gas-fields in Peace River that it wants to open...