Word: shale
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...sources. Conoco Phillips recently bid $35.6 billion for Burlington Resources, one of the world's largest natural-gas producers. In the contiguous 48 states, easily accessible fields are running full tilt. "We've had great success finding new reserves, but these are unconventional sources--low-permeability gas sands, shale gas, coal-bed methane," says Peter Dea, CEO of Western Gas Resources, a Denver-based gas producer. Longer term, more supplies are on the way. The U.S. Interior Department last week opened for exploration 389,000 acres of Alaskan tundra and shoreline, which officials estimate may contain 3.5 trillion...
...HAMILTON RUSSELL: One of the first estates to put Walker Bay on the map, Hamilton Russell, tel: (27-28) 312 3595, produces Pinot Noir and Chardonnay wines that beautifully express the area's stony, clay-rich and shale-derived terroir. Citrus notes enhance the Chardonnay's mineralized dryness, while the Pinot Noir is robust and fruity, with hints of coffee...
...particularly for Chardonnay, Pinot Noir and Riesling. Try these cool-climate bottlings: HAMILTON RUSSELL One of the first estates to put Walker Bay on the map, Hamilton Russell, tel: (27-28) 312 3595, produces Pinot Noir and Chardonnay wines that beautifully express the area's stony, clay-rich and shale-derived terroir. Citrus notes enhance the Chardonnay's mineralized dryness, while the Pinot Noir is robust and fruity, with hints of coffee. BOUCHARD FINLAYSON Tucked away in the coastal Hemel-en-Aarde valley, this winery, tel: (27-28) 312 3515, is known for remarkable blends like its Hannibal label...
...Without a word, the six troopers - some lugging packs that weighed over 50 kg - settled to a slow hike up the sheer hillsides, across shifting shale and over jagged outcrops, scanning the terrain ahead through night-vision goggles that showed the world in shades of green...
Great Plains has been the only large synfuels plant to start production. Most other projects were halted in the planning stage, before construction began. The industry's increasing troubles have had the most serious repercussions in the West. In Colorado, the residents of four counties that sit atop shale-oil deposits still speak of May 2, 1982, as "Black Sunday." On that day, Exxon and Tosco pulled out of their Colony Oil shale project after having invested about $1 billion. Home prices in Mesa County tumbled by as much as 50%. Unemployment climbed to 15%, and now stands...