Word: shales
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Dates: during 1970-1979
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...whole Rocky Mountain region. In Montana, a $700 million electric generating complex is being built to convert local coal into power for the Pacific Northwest. In Colorado, a consortium of twelve companies is experimenting with ways to tap the oil and gas held in the state's vast shale deposits. In Utah, the leasing of shale lands has pumped $120 million into the state's coffers. But it is in Wyoming, where the antelope still play beside highways, that the changes are most noticeable...
Good News. Social problems are the most intense in Rock Springs, a huge trove of coal, oil, shale, potash, sand, gravel, clay and cement rock. Since 1971, about 5,000 workers have moved in to build the giant Jim Bridger Power Plant- and work in a newly discovered oilfield. Another wave of outsiders, lured by the expansion of trona mines, a source of widely used sodium compounds, and the reopening of old coal mines, is expected to increase the town's 26,000 population...
...turns out even Mrs. Tweedy's husband Jack finished up the track. "We were married for 25 years and things just ground to a halt," said Penny last week from Long Island about her impending divorce from Jack, an executive V.P. of the California-based Oil Shale Corp. A major problem occurred when he moved to Los Angeles. Obviously aware that East Coast fillies have not done well In the West, Penny explained, "I realized I was never going to move out there. You can call it a conflict of careers...
...meet the threat, Levy contends, the major oil-importing nations must: 1) coordinate research and development of alternate sources of energy and agree to guarantee profitable prices to people who produce, say, oil from shale or tar sands; 2) work out a common program to build six-month stockpiles of oil and share imports among themselves if the exporters again curtail or shut off supplies; 3) agree that they will not try to get the cash to pay for oil by unduly pushing exports to and curtailing imports from each other; 4) especially important, develop coordinated programs to conserve energy...
...next decade, he told the conference, the U.S. must increase the supply of domestic energy while decreasing the growth in demand for it. That will be anything but easy. One panel of experts* emphasized the long lead times and billions of dollars of capital needed to develop oil-shale deposits, clean up coal, build more nuclear power plants and bring alternative energy sources such as geothermal power into operation. Indeed, reaching self-sufficiency in a decade is probably impossible...