Word: fuel
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Dates: during 1940-1949
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Oakey L. Alexander, president of Virginia's Pocahontas Fuel Co., Inc., shocked his friends last week as much, he said, as if "Harry Truman had joined the Young Republican Club." The boss of one of the biggest U.S. soft-coal producers went into the oil business. With California Oil Co., a subsidiary of Standard of California, Pocahontas plans to spend about $1,500,000 building an oil terminal at Portland, Me. The 192,000-bbl. terminal will be supplied by Cal-Standard tankers...
Experiments in Colorado date back to 1926. They were abandoned in 1929 as unnecessary when new petroleum reserves started coming in, were revived during the wartime oil shortage. At that time Congress appropriated $30 million for large-scale research in synthetic fuel. It seemed a good gamble; geologists estimate that U.S. shale reserves might yield 365 billion barrels of oil, enough to fill U.S. industrial needs for 180 years at the current rate of consumption...
...bought it from a couple of freshmen for $20," he relates. "It crossed the country last summer and went a total of 12,000 miles. And outside of fuel, my car expenses for that distance came to only a little more than...
...there is a possibility that when the breeding process has been refined, the uranium can be run through the reactor again & again until essentially all of it has been turned into energy. The world might thus have a practically inexhaustible source of nuclear fuel...
...commission is sure the converter will work. The theoretical calculations are complete; the engineering designs are almost complete. No fuel has been bred so far because the reaction will not work except in a full-scale plant. A $3,500,000 plant will soon be built at Arco, Idaho...