Word: bbl
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Dates: during 1970-1979
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Nearly all of the President's other plans are targeted on the year 1990. The goal for then is ambitious: to reduce imports by 4.5 million bbl. a day below present levels by a combination of production and conservation measures. Among the main proposals, ranked by estimated import savings...
...best bet is thought to be production of oil and gas from coal. Carter has set a goal of the equivalent of 1 million to 1.5 million bbl. a day by 1990. The technology is well known. South Africa gets 10% of its oil from coal and expects the total to rise...
...coal decomposes, it releases oil and gas. Another extraction method, which adds hydrogen to coal that is heated under pressure, will be tested at a small, experimental plant operated by several oil companies in Catlettsburg, Ky. It should be able to convert 600 tons of coal into 1,800 bbl. of oil a day. At a DOE-funded plant in Fort Lewis, Wash., Gulf Oil since 1974 has been testing yet another process called "solvent refined coal," which uses chemicals to remove impurities from the synthetic...
...Louisiana and east Texas, and in many coal seams all over the country. Because it is costly, the development of unconventional gas had been blocked until natural gas price controls were lifted last year. Now Carter anticipates production to reach the equivalent of 500,000 to 1 million bbl...
Though the U.S. has some oil-saturated tar sands, they are not large or accessible enough to justify expensive exploitation by the Government. But some 76 billion bbl. in oil, about three times the nation's proven reserves of conventional crude, are known to be recoverable from the shale rock concentrated in western Colorado and stretching into Utah and Wyoming. No plants are in operation at present, but at least five companies are running experimental digs in the area. To produce a barrel of oil, about 1½ tons of rock must be mined and heated...