Word: rocke
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Dates: during 1950-1959
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...McMATH Little Rock...
...Wild One. Its money and that of its subsidiary funds is at work everywhere from Little Rock to New Delhi. Its province is the world, its goal the welfare of all mankind. Its trustees' reports bristle with such phrases as "the dignity of man . . . the inherent worth of the individual . . . the ideals and aims of democracy." Its ideals were so loftily stated and its youthful mistakes so widely publicized that it inevitably won the reputation of being the Wild One of philanthropy. In launching his investigation of tax-exempt foundations, Tennessee's tub-thumping B. Carroll Reece solemnly...
...Colorado's Parachute Canyon not far from Grand Junction, the seed of an oil revolution was planted. Union Oil Co. of California last week fired up a $7,000,000 prototype retort to produce oil from shale rock, the biggest such attempt by private enterprise. As 400 top oilmen and Government officials gathered for the dedication, Colorado's Governor Steve McNichols put their dream into words: "All around us is one of the greatest potential sources of energy materials ever to be found on this earth...
...Million Bet. Union strip-mines the oil-bearing rock in high butte country, then transports it by conveyor belt to the new retort. Crushed to small pieces, the rock is rammed upward in the six-story-high retort by a huge piston, meeting a stream of fire-fed gases that distill out shale oil at a rate of about 30 gal. per ton of rock. The raw oil is carried by truck to Union's Brea, Calif, plant...
...retort has produced more than 4,000 bbl. of oil, can handle some 400 tons of rock a day. With a nest of such retorts, commercial production would be at least 20,000 bbl. a day. But that goal is five years off, warned Union President Albert C. Rubel. In arid Colorado, a big problem for industry is water. Though Union's experimental retort needs no water, the waxy shale crude does not flow well in a pipeline unless carried along by water, and the nearest source is the Colorado River 15 miles away. Even more important, Rubel thinks...