Word: extract
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Dates: during 1970-1979
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...find and the tunnels and shafts grow deeper and longer. There are now 250 miles of underground cart tracks, and some shafts plunge so deep toward the earth's molten core that the temperature reaches 135° F. Expenses go on rising. It now costs $200 to extract each ounce of Homestake gold. That is high, but at current prices it leaves plenty of room for profit...
...excavators will "core" the well, or extract long, narrow samples, following routine approval by the Massachusetts Historical Commission, Roberts said...
...producers are considered by his critics an illustration of his view of corporate interests. Says one Texas politician who has followed Connally closely: "The real danger in the milk fund case is the manipulation of Government policy to fit business interests, encouraging Nixon to raise milk support prices to extract political money." Says former Texas Observer Publisher Ronnie Dugger, a longtime Connally critic: "Corporate interests and Government interests? They're all the same to him." Another Texas political foe asks, "Can you imagine Connally's administration going after some big corporation that was behaving badly...
Precise details of the process are state secrets, but the general outlines are known. To extract the oil, the Sasol plant burns coal with oxygen and steam in a big cylindrical vessel until a gas forms above the ashes. Once the gas is cleaned of impurities-yielding valuable chemical byproducts in the process-it is mixed with a catalyst made of iron and other substances. This catalyst transforms the gas into liquid oil. Production costs amount to $17 per bbl. That is well below the OPEC price of around $20 per bbl. and much less than...
Sasol II is being put up 100 miles from the present plant. The $2.9 billion Sasol II will be environmentally cleaner; precipitators above the boilers will extract chemical fumes and reduce air pollution, and water will be recycled rather than dumped in rivers. In addition, productivity will be higher: 1.78 bbl. of synthetic oil from each ton of coal, vs. 1.26 bbl. at present. As soon as that plant is finished next February, construction will start near by on Sasol III. Once the three plants are in operation, they will save an estimated $400 million a year in foreign exchange...