Word: elk
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Dates: during 1970-1979
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...domestic exploration and drilling. Oil company executives argue that the current price is necessary to pay the cost of new domestic production, but Jackson responds: "Baloney. Just look at the record: production has gone down steadily." To boost U.S. production, he would open to production the federal reserves at Elk Hills, Calif., and Naval Petroleum Reserve No. 4 in Alaska, and set up a board to coordinate and accelerate development on the continental shelf, perhaps through a Government-assisted consortium of several companies. Jackson considers Ford's immediate goal of cutting U.S. oil imports by 1 million...
...Federal oil reserves will be tapped to increase the U.S. strategic reserve. Elk Hills, one of seven naval petroleum reserves, will be brought up to full production now that the opposition of the House Armed
...will miss us. As the sheep men leave the scene and no longer finance predator-control programs, the adaptable coyote will soon develop an increasing taste for antelope, deer and elk. These will be the next to feel the impact of being the sacrifice species...
...energy crisis has even spawned one boomtown: Taft, Calif, (pop. 4,285). It is on the rim of the Elk Hills Naval Oil Reserve, whose wells will have to help fuel the military (seepage 47). Bank deposits are up 35%, and loan requests have increased 25% over last year; 50 new condominiums are being built...
More Austere. The Pentagon does have more capability of increasing supplies than civilian businesses do. Indeed, nearly half the deficiency caused by the Arab embargo can be made up by tapping the naval reserves at Elk Hills. Calif. The field's current output of 5,000 bbl. a day can be boosted to 160,000 bbl. a day in three months if Congress authorizes the increase, as the Energy Emergency Bill passed by the Senate and now before the House would have it do. But the oil-parched military, unable to wait, has invoked an existing...