Word: co2
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Dates: during 1980-1989
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Carbon dioxide is a clear gas that puts the bubbles in pop and beer and makes drinkers burp. The fact that it can do as much for tired oil wells, and thereby rejuvenate them, has made CO2 one of the most promising ingredients in the U.S. energy mix. Indeed, oil firms are now sinking more than $1.5 billion into a pair of pipelines to deliver CO2 from southern Colorado to declining Texas oilfields, even though falling oil prices threaten to squeeze the ventures' profits...
...efforts are the largest CO2 projects ever. In one, Exxon Corp. and Atlantic Richfield Co. are the major investors in a $350 million, 405-mile underground line that is to begin piping the gas this spring. In the second, Shell Oil Co. and Mobil Oil Corp. are building a 500-mile system that will cost a total of about $1.2 billion. That system, in which Continental Resources Co. also has an interest, is to be finished in the third quarter of next year. The Shell-Mobil project alone could coax out an extra 280 million bbl. and boost output...
...Hampshire last summer, appeared, strangers began calling up Gaines and his friends to ask where they could play. After some early problems with insurance ("You want liability coverage for what?), they began selling kits at $145 each, consisting of the Nel-Spot, a holster, a supply of CO2 and paint pellets, a set of rules and nofog protective goggles...
...that if carbon dioxide continues to build up in the earth's atmosphere as rapidly as it has in the past few decades from burning wood and fossil fuels, the atmosphere will become increasingly like that of Venus. Sunlight will still beat down through the atmosphere, but the CO2 will block heat from radiating back into space, raising global temperatures, melting polar ice and flooding coastal cities...