Word: shales
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Dates: during 1970-1979
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...century-old mansion surrounded by stables, swimming pool, tennis courts and a cemetery for thoroughbreds. Penny Tweedy, 51, inherited the 2,600-acre farm from her father Christopher Chenery, the public utilities magnate who founded the stable. The wife of John Tweedy, executive vice president of The Oil Shale Corp., and the mother of four, Mrs. Tweedy has been a lifelong horsewoman, a rider of show horses since her childhood in Pelham Manor, N.Y. After Smith College and a stint as a Red Cross "donut dolly" in France and Germany during World War II, she entered the Columbia Graduate School...
...vast amounts of shale found in Colorado, Utah and Wyoming could also be important sources of oil, yielding about 25 gallons for every ton excavated. Both shale mining, which leaves great quantities of waste material above the surface, and strip-mining for coal despoil the landscape. But the exploited landscape could satisfactorily be restored-at a price...
...conventional reserves of oil amount to 570 billion bbl." Sir Eric stated: "We believe there are potential reserves of another 1,080 billion bbl. In addition, we think we could get about 700 billion bbl. of oil from tar sands and another 3,140 billion bbl. from oil-bearing shale." Not all those actual and potential reserves are recoverable at current prices, he pointed out. Moreover, as several speakers said, some two-thirds of conventional oil reserves lie beneath Middle Eastern and North African countries, and all of them are constantly raising the price...
There is a final irony to the situation. The natural gas deposits being tapped by nuclear wells lie beneath much of the nation's vast reserve of oil shale, which one day might well become a major source of domestic energy supplies. If the blasts continue, says Biochemist H. Peter Metzger, they will leave immense amounts of radioactive fission products in the earth, posing a lingering danger to workers who may some day mine the shale...
...Nixon is said to be convinced, however, that the U.S. must not allow itself to become so dependent on such a distant and unstable region. In his forthcoming message to Congress on the energy crisis, he is expected to ask for funds to develop other sources of energy-coal, shale-oil deposits, chemical substitutes and solar and atomic power-in a hurry. "The time to start worrying about Arab blackmail," says one veteran of the Middle Eastern oil business, "is when the Arabs tell you not to worry about blackmail...