Word: shale
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Dates: during 1950-1959
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Fearlessly at home in the water, the way a fisherman's sons often are, the Fukushi brothers splashed about last week in the protective shallows breaking over the narrow shale shelf of their little beach on Okujiri Island, ten miles off Hokkaido's southwestern shore. When 14-year-old Masami Fukushi plunged off the shelf and sprinted out into deep water toward a rock 50 yards away, his younger brothers, Masakatsu, 12, Takeshi, 10, and Takeaki. 9, quickly gave chase...
William Birrell Franlce, 65, top-rung accountant and retired New York businessman (onetime chairman of General Shale Products Corp. and plumbing-making John Simmons Co.), moved up from Navy Under Secretary to Secretary...
ATOM BLASTS FOR OIL are being seriously considered by U.S. Bureau of Mines figures nuclear blasts could free more than 1 trillion bbl. of oil locked in rocky shale formations. Opening shot is expected in Colorado...
Bright Future. Sinclair Oil Corp. is also experimenting, trying a method of drilling holes into shale beds, fracturing the strata by driving in high-pressure water, then using fuel-oil fires to distill out the shale oil. Though the oil recovery may not be high, the Sinclair idea would save mining machinery, possibly produce lighter oil for the pipelines. In Denver, the Oil Shale Corp. has a small new pilot plant designed to test the Swedish Aspeco retort process; this distills out the oil by whirling crushed shale mixed with superheated porcelain and aluminum balls in a rotating drum, also...
Whichever process wins out, the experts are now sure that shale oil can be produced commercially before too many years. Analyzing the shale future in Colorado, the University of Denver's Research Institute says that a 1,000,000-bbl. daily production is possible...