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Coors started by drilling 96 natural gas wells in eastern Colorado. Early next year it will begin strip-mining 1,500 acres of coal on land that it has been leasing for four years. This will replace 600,000 tons of coal that the company now buys annually on the open market. Last month, with an eye to profits, the beer company created Coors Energy, a subsidiary staffed with some former Exxon employees. The firm may soon become still more active in that field. Says William Coors: "If the energy business is better, we'll be pushing it ahead...

Author: /time Magazine | Title: Energy: Backyard Fuel | 12/22/1980 | See Source »

...independent firms and major corporations alike are aggressively fighting over geologists, petroleum engineers and geophysicists as though they were free-agent baseball players batting .325. Budding geoscientists with no more than bachelor's degrees can now command starting salaries of $24,000 a year and more. At the Colorado School of Mines, energy firms are booking choice recruiting dates on campus more than a year in advance. Says Joseph Finney, chairman of the school's geological engineering department: "It's a hot market. Everyone's trying to crowd...

Author: /time Magazine | Title: Energy: Strike It Rich | 12/22/1980 | See Source »

Philadelphia 2, Colorado...

Author: NO WRITER ATTRIBUTED | Title: Scoreboard | 12/18/1980 | See Source »

...most threatened area in the Mountain West may be Colorado's gorgeous and still half-empty Western Slope. It is estimated that if Exxon does build 150 oil-shale plants there, the population in Rio Blanco and Garfield counties could shoot from 75,000 to 1.5 million. Colorado Senator Gary Hart has figured that the Exxon project alone would require enough new schools, hospitals and roads each year to accommodate a city the size of Grand Junction (pop. 54,000), now the largest city in western Colorado. Water would have to be imported from...

Author: /time Magazine | Title: Rocky Mountain High | 12/15/1980 | See Source »

Exxon is reconsidering the scope of its plans, but the development already taking place in western Colorado is leaving its mark. In Craig, which has doubled to 8,000 since 1975, businessmen boast of the new mall with 26 stores; clapboard houses that sold for $30,000 in 1974 now go for better than twice that amount. But Sheriff S.L. Valdez is handling three times the calls he did two years ago, and Carl Andrews, an Episcopal priest, reports a heavy incidence of depression and child abuse. Says he: "A lot of the hopes and dreams never materialize...

Author: /time Magazine | Title: Rocky Mountain High | 12/15/1980 | See Source »

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