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...cargoes. At the roots of its undersized wings, which resemble Flipper's flippers, are four jet engines with a combined thrust of 164,000 Ibs. There are also two small engines near the wing tips to control yawing and rolling. The 650-ft. hull would have 7 million cu. ft. of buoyant helium in its gas cells...
...application in Ottawa and Washington. The group is seeking permission to build a 2,600-mile pipeline from Alaska's Prudhoe Bay and Canada's Mackenzie River Delta, across the barren Mackenzie Valley and into the U.S. (see map). The pipeline could eventually provide some 2.25 billion cu. ft. of gas a day for customers in Midwestern and Pacific Coast states-about 3.6% of present U.S. consumption-and an equal volume for Canadians. Bearing a projected price tag of $5.7 billion, the pipeline would likely be the largest privately financed construction project ever undertaken. Consortium officials say that...
Trouble is, this synthetic product does not have as high a heating value as natural gas. So another step is needed to upgrade it. Total cost is great; a pilot plant runs about $20 million, and a full-scale plant turning out 100 million cu. ft. a day will cost an estimated $200 million. But that is less expensive than liquefying and importing natural gas. Nearly every major coal company has joined with gas companies in plans to build gasification plants on Western coal fields by the late 1970s...
...nations and announced a 77% increase in the posted price of Nigerian crude, making it $14.69 per bbl. The new price is expected to earn Nigeria some $7 billion this year. In addition, the government currently is mulling over offers, mostly from American firms, to exploit the 2 billion cu. ft. of natural gas that now are flared daily as waste...
...high might natural gas prices go? Some economists predict prices of 600 to 700 per 1,000 cu. ft. Another indication comes from agreements that U.S. companies have made with Algerian producers to manufacture liquefied natural gas and ship it in special tankers to the East Coast. Estimated price to the consumer: about $1-or almost 500% more than a householder now pays. As chances of saving the last remaining fuel bargain dwindle, the lesson is doubly clear: the era of cheap energy is indeed fast drawing to a close...