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...obliged him to give the drilling company access to his land, even though his compensation for the "surface disturbances" amounts to just $20,000. CMS and other drillers, on the other hand, were making serious money. Wellhead prices for gas were shooting up--from $1.75 per thousand cu. ft. in February 1999 to about $5.84 in February 2001. The boom...

Author: /time Magazine | Title: Oil and Gas Drilling: Plumbing The Pasture | 7/16/2001 | See Source »

...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...

Author: /time Magazine | Title: Oil and Gas Drilling: Plumbing The Pasture | 7/16/2001 | See Source »

...Ford made a curious choice with regard to the Explorer's tires. After putting the SUV through the Consumers Union test, engineer Roger Stornant wrote that the results yielded "a high confidence of passing CU with [Firestone's] P225 tires and less confidence on the [Firestone] P235." Ford chose the larger P235 anyway. Marketed first as the ATX and then as the Wilderness AT, the P235 became the tire that Firestone later recalled...

Author: /time Magazine | Title: Inside the Ford/Firestone Fight | 5/29/2001 | See Source »

...chilling aside, Stornant wrote that Ford "management is aware of the potential risk with P235 tires and has accepted [that] risk. CU test is generally unrepresentative of the real world," Stornant said, "and I see no 'real' risk in failing [the CU test] except what may result in the way of spurious litigation...

Author: /time Magazine | Title: Inside the Ford/Firestone Fight | 5/29/2001 | See Source »

Behind the outsize leather seats for driver and companion is a small salon with a couch, a pair of swivel armchairs and a coffee table. Next come the kitchen and dinette, equipped with a table for two, standard-size sink and dishwasher, a 21-cu.-ft. refrigerator/freezer, including icemaker, and a clothes washer and a dryer. The bathroom has a toilet, two sinks and a full-size shower with brass fixtures. The bedroom, with a queen-size bed, has a second TV set, and a satellite dish on the roof keeps the bus linked to dozens of stations even while...

Author: /time Magazine | Title: Home On The Road | 3/26/2001 | See Source »

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