Word: shales
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Dates: during 1970-1979
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...that can be extracted from coal, and the petroleum that lies trapped in shale rock. Fifteen percent or so would be spent on aid to low-income families that would suffer from rising fuel prices. The remaining 5% would go for further development of the nation's mass-transit system...
...still higher. The oil companies would get an extra $6.5 billion in earnings annually from decontrol, but about half of the money would be taxed away. The Government would use much of the tax revenues to help industry shoulder the daunting costs of projects aimed at extracting oil from shale rock and coal, and to bankroll substantially increased research into solar energy...
...methane and tidal sands. The future for nuclear energy now looks bleak, and I don't think we will return to a coal-based economy. We are going to have to shift to a new base of energy technologies, such as solar energy, nonconventional gas and perhaps shale oil or liquefied coal...
...sand suspended on a column of air inside a superhot container-promises ultimately to make combustion more efficient while cutting down on pollutants. It is now in the experimental stage, but has yet to be made applicable to large-scale commercial operations. Unlocking oil from the vast deposits of shale rock in the West at present is uneconomical, produces gigantic piles of ash, and uses too much valuable water. But tests indicate that oil may be burned out of the shale underground without adding much to pollution...
...stimulate conservation; such a move would also lead to the expansion of drilling in the U.S. and to the development of alternative sources of energy that would become economically competitive if oil prices were higher. Guarantee loans for the development of particularly chancy and costly alternatives: oil from shale and tar sands, natural gas from coal, and solar energy...