Word: shales
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What about other sources of power? When many estimate that there are over 300 years of fossil fuels left-coal, shale, oil, natural gas-and that geothermal, fusion, solar, magneto-hydrodynamics and other clean power technologies are just around the corner, why the rush for fission? These other power technologies haven't been given a chance. The AEC spends 83 per cent of its research dollar on fission power. Con Edison spent more on advertising last year than on all research. In fact, over ten times as much is spent on advertising for electricity as is spent on research into...
...potential oil sources, although admittedly uncertain and still in the far future. Some experts envision a North American energy market that would tap Canada's vast, undeveloped supplies. When the world's oil wells are fully depleted, there will still be immense reserves locked away in tar sands and shale. By then, nuclear energy will help to supply the "highenergy society." All this does not mean that Alaskan oil is unnecessary to the U.S. It does mean that it can be developed gradually and with suitable environmental controls. Its impact should be judged primarily in relation to the needs...
...clowning, Scheel (pronounced shale) is tough and talented. "I am not a special friend of pretension," he said at his swearing-in ceremony last week. Like Brandt, he is truly a self-made man. The son of a wheelwright from the knives-and-scissors town of Solingen, he did not continue his education beyond high school...
...Alberta, a $240 million plant built by a Sun Oil Co. Canadian subsidiary will begin extracting 45,000 bbl. of oil a day from the Athabasca tar sands, which contain 369 billion bbl. of recoverable oil. Interest is also reviving in Colorado's vast deposits of oil shale. Recently, some producers in Kansas, Oklahoma and Texas raised basic crude-qil prices 80 to $3,08 per bbl.-closer to the point at which extraction of oil from shale could be economical. After that price rise, other producers were telephoned by White House officials, who warned them that anything over...
...Hunt" Hartford is not about to change his spending habits. What will he do with proceeds from his stock? Says he: "I'll probably put it primarily into ventures I'm already in-the art gallery, Denver's Oil Shale Corp. and Paradise Island." He has also invested in a 500-room hotel to be built on Paradise Island, the Bahamian resort of which he sold 75% in January for $12.5 million, after having spent $30 million on the project...