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Looking for new waste sites, a private company has purchased obsolete Titan I missile silos in an Idaho desert. Near Grandview, three 160-ft.-deep holes, lined with 6-ft.-thick concrete walls and 13-ft.-thick concrete floors, are each being used to store some 1.5 million cu. ft. of wastes. Several European companies are using incinerator ships to burn chemical wastes at sea. Costle feels that U.S. private industry, rather than Government, should devise safe disposal techniques. Says he: "It's smarter and can do the job more efficiently than the Government...
...took years of local agitation and a lawsuit filed by the State of Michigan, but something now is being done by Hooker Chemical Corp. (which also left contamination at Love Canal) to help dispose of some 1.2 million cu. yds. of chemical waste, drums and contaminated soil on its 880 acres of property on the edge of Montague. The cleanup may be too late to satisfy many residents in the community, a small town (pop. 2,396) of gracious, shaded houses along the shores of White Lake. State water officials estimate that some 20 billion gal. of ground water have...
Natural gas is a prime example of federal regulation run amuck. During the 1960s and early '70s the Government limited the average wellhead price producers received for gas sold between states to below 200 per 1,000 cu. ft. At the same time, gas within producing states, where there were no price controls, was sometimes sold for more than $2. As a result, producing states enjoyed a surplus of gas, while the rest of the U.S. was beginning to suffer shortages. Few drillers were bothering to explore for gas that could be sold between states. The Natural Gas Policy...
...promising areas on land is the so-called Western Overthrust Belt in the rugged, mountainous area from southern Colorado to the Canadian border. Experts believe the area could contain many fields of 100 million bbl. or more-adding up to perhaps 14 billion bbl. of oil and 52 trillion cu. ft. of natural...
...estimate that two-thirds of the remaining oil and gas to be discovered in the U.S. exists under the approximately 760 million acres onshore and the 500 million offshore acres that the Federal Government owns-something like 60 billion to 80 billion bbl. of oil and 300 trillion cu. ft. of gas. While other countries are leasing and exploring about 40% of all the coastal land outside the U.S., less than 5% of our own offshore land has been explored. We think the undiscovered oil off the shore of Alaska alone is equal to the entire known reserves...