Word: coaling
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...thousand wells have been drilled into the coal beds of the basin, most of them in the past two years, to tap methane-gas reserves estimated at 25 trillion cu. ft.--the equivalent of a year's consumption for the entire U.S. Nearly 100 wells are being drilled each week, and the gas companies say the entire 8 million-acre basin could have 50,000 to 100,000 producing wells before they are finished...
...clerks' offices and the lawyers, contractors and equipment suppliers in Gillette, Wyo., who will be making a killing for as long as the boom lasts. Environmentalists worry about damage to the land from the drilling, but everyone agrees that burning natural gas generates far fewer pollutants than oil or coal. "This is a very exciting play," says Terry Dobkins, a vice president of Pennaco Energy, one of the most active gas companies in the area. "It has high potential and low impact compared with the oil industry...
...elections and getting nervous. Moderates are especially worried that on the environment, tax cuts, gasoline and electricity prices and now health care, Bush comes across as the servant of Big Business. The tipping point, some say, was his energy plan, which called for massive increases in production--oil wells, coal- and nuclear-fired power plants--to meet a crisis that many people aren't sure is real. "A lot of the unfortunate negative perceptions are driven by the energy issues," says Maine Senator Susan Collins, a moderate Republican. In a series of rebukes to Bush, the G.O.P.-led House...
...heroin trafficker Rosario Gambino, the bureau wanted to run a sting on the President's half brother. The investigation petered out. Sources also say that J.T. Lundy, former head of Calumet Farms, which employed Roger following his release from prison in 1986, offered him stock in a Venezuelan coal deal in return for help with legal problems. (Lundy was convicted of bank fraud last year.) Records show that Roger deposited $100,000 in traveler's checks--some purchased in Venezuela. His lawyer says Roger never asked for a pardon for Lundy. Lundy's lawyer says his client had no coal...
...elections and getting nervous. Moderates are especially worried that on the environment, tax cuts, gasoline and electricity prices and now health care, Bush comes across as the servant of Big Business. The tipping point, some say, was his energy plan, which called for massive increases in production--oil wells, coal- and nuclear-fired power plants--to meet a crisis that many people aren't sure is real. "A lot of the unfortunate negative perceptions are driven by the energy issues," says Maine Senator Susan Collins, a moderate Republican. In a series of rebukes to Bush, the G.O.P.-led House...