Word: synfuel
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Dates: during 1980-1989
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...latest chapter in the synfuel saga began two weeks ago with the resignation of Victor Thompson, 59, who had been the SFC's $135,000-a-year president for just two months. Thompson's departure means that the SFC board does not have enough members to conduct business legally. Thompson had replaced Victor Schroeder, the organization's first president, who resigned from the post in August amid a flurry of allegations, among them that he had charged $25,000 in home interest payments to the corporation. Just days after Thompson accepted his new job, the Securities...
...rally is also scheduled to coincide with similar demonstrations being held today at Dartmouth. Columbia, Williams, and Northwestern. The American Committee on Africa has called for the rallies to support six Black South African revolutionaries, now in jail, who blew up a South African synfuel plant...
...Synfuel Slump...
...jubilant that Exxon shut down the Colony Shale Oil Project in Parachute, Colo. [May 17]. I will not miss the high prices for food and housing, the escalating crime, or the loss of our quiet way of life. Because of Exxon's synfuel program, our fields, orchards and beautiful mountains were being forfeited to accommodate the influx of people...
...shale and other synfuel development may be sliding into a long twilight. This has happened several times in the past. Said a Department of Energy Official: "We've been witnessing the birth of this industry for 100 years." In the 1920s, oil was in short supply and there was great talk about shale development. Then the East Texas oil fields were discovered, and shale was forgotten. For now, Colorado shale rock is likely to remain in them thar hills. -By John S. DeMott. Reported by Robert T. Grieves/New York, Richard Woodbury/Parachute