Word: coal
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...that can be extracted from coal, and the petroleum that lies trapped in shale rock. Fifteen percent or so would be spent on aid to low-income families that would suffer from rising fuel prices. The remaining 5% would go for further development of the nation's mass-transit system...
...ideas. Oil companies should not be encouraged to try to dominate, or monopolize, whole new alternative-energy industries that come into being to compete with petroleum. In such esoteric fields as the direct conversion of sunlight into electricity and the extraction of gas from sea water and oil from coal, companies in other industries?electronics, mining, shipbuilding?have as much expertise as the oil industry and, in some cases, more...
...over the past year, Gulfs profits increased 61%, and Texaco's were up 81%. Marathon Oil had a rise of 108%, while Amerada Hess jumped 279%. Standard Oil of Ohio, holder of a large and profitable stake on Alaska's North Slope, increased 303%; Continental Oil, which owns Consolidation Coal and suffered a slide in income during last I year's coal strike, posted a stunning recovery...
...Development continues unabated as the TVA-Mobil-United Nuclear consortium project expands from uranium exploration into mine shaft and mill construction. The miners will be drawn from the Navajo population, with the "specialists" being non-Indian experts from outside the reservation. This project, in conjunction with the many other coal and uranium mining projects, promises to make a uranium boom town out of a hitherto traditional Navajo community. In turn, according to the environmental impact statement, the uranium will go to fuel TVA's proposed 17 nuclear reactors in the Southeastern United States...
Recent experience has furnished no exception to this policy. In the wake of the Three Mile Island nuclear accident, Carter has reaffirmed his commitment to nuclear energy. With over 55 per cent of domestic uranium reserves and over one-third of all western low-sulphur coal located on Indian reservations, the native peoples will bear the brunt of Carter's energy policy. The land is leased, underground and strip mining commences, and people are relocated. The "Indian wars" are not over. In one year, according to Peter MacDonald, tribal chairman of the Navajo reservation, "The Navajo Nation exports enough energy...