Word: trillion
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...royalties, Alaska will finally have an opportunity to develop further its enormous natural resources. The state's challenge will be to find much more orderly ways of tapping its large reserves of fluoride and tungsten, rich deposits of copper, iron ore and zinc, plus at least 1 trillion tons of coal-enough to supply the U.S. for about 1,800 years at current consumption rates...
...energy, the pressure will surely increase to tap more of Alaska's lode of black gold in areas like the Cook Inlet and offshore in the Bering Strait. By 1985, the state could be furnishing 25% of the nation's oil. Alaska also has an estimated 420 trillion cu. ft. of natural gas, a supply worth approximately $420 billion and large enough to handle all U.S. needs for 18 years. Inevitably, more pipelines will be built to carry these huge quantities...
...than to convert it into fertilizer for India. Fertilizer capacity in that country was cut back by 40 per cent overnight. This, with an unexpected drought, and the increase of grain prices in the West, caused massive starvation. "Meanwhile," observes Senator Hatfield, "various oil producing nations are flaring 4.5 trillion cubic feet of natural gas each year, ten times more than the U.S. uses annually for fertilizer production, and enough to double current world fertilizer production...
Prognosis: Coal as coal will continue to be an important part of the U.S. energy scene for years. Coal as a source of gas will, by 1985, account for .5 trillion cu. ft. of production, about 2.2% of total U.S. output. By 2000, production could go as high as 6.5 trillion...
...power, and the sharp rise in oil prices promises to bring a great deal more of that to the producers' cartel. Last May the World Bank startled the international community with a grim forecast that oil country surpluses would reach $653 billion by 1980, and an incredible $1.2 trillion by 1985. Surpluses on this scale would mean deep deficits and an era of unprecedented political and economic strains among the consuming countries...