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...pressure will surely increase to tap more of Alaska's lode of black gold in areas like the Cook Inlet and offshore in the Bering Strait. By 1985, the state could be furnishing 25% of the nation's oil. Alaska also has an estimated 420 trillion cu. ft. of natural gas, a supply worth approximately $420 billion and large enough to handle all U.S. needs for 18 years. Inevitably, more pipelines will be built to carry these huge quantities...

Author: /time Magazine | Title: ALASKA: Rush for Riches on the Great Pipeline | 6/2/1975 | See Source »

...Removal. The proposal faces, however, one enormous obstacle. The 35,000 cu. ft. of Nixon material currently in Government custody, including 880 White House tapes, by law is not under his control. Many of Nixon's personal papers and memorabilia are stored at Laguna Niguel, Calif, but the 1974 Presidential Recordings and Materials Preservation Act forbids removal of the presidential material from the Washington, D.C., area. The law also ensures that portions of the material could be made available in pending criminal and civil proceedings that involve Nixon or his former associates...

Author: /time Magazine | Title: THE EX-PRESIDENT: Toward a Nixon Library | 5/5/1975 | See Source »

...economics of fuels from coal remain hazy. One estimate is that high-quality synthetic gas will cost $3 to $4 per 1,000 cu. ft. by 1980, compared with roughly 51? now for "new" natural gas shipped interstate. But William Gouse, head of ERDA'S synthetic-fuels program, cautions: "We're guessing...

Author: /time Magazine | Title: ENERGY: Considering the Alternatives | 4/14/1975 | See Source »

Prognosis: Coal as coal will continue to be an important part of the U.S. energy scene for years. Coal as a source of gas will, by 1985, account for .5 trillion cu. ft. of production, about 2.2% of total U.S. output. By 2000, production could go as high as 6.5 trillion cu...

Author: /time Magazine | Title: ENERGY: Considering the Alternatives | 4/14/1975 | See Source »

...impose a $1-per-bbl. tariff on imported petroleum beginning Feb. 1, then raising it to $2 on March 1 and $3 on April 1. He also will ask Congress to enact a $2-per-bbl. tax on U.S.-produced crude, and an equivalent amount?370 per 1,000 cu. ft.?on natural gas piped across state lines. If and when Congress agrees to that, the tariff on foreign crude would drop back to $2. Finally, Ford plans to remove all price controls on domestically produced oil on April 1?a move that he can take...

Author: /time Magazine | Title: THE RECESSION: Ford's Risky Plan Against Slumpflation | 1/27/1975 | See Source »

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