Word: valdez
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...Senate and House whizzed through a long-delayed bill, which the President signed, to lay a pipeline across 789 miles of tundra, mountains and rivers between Alaska's North Slope oilfields and the warm-water port of Valdez. The pipe will pump some 2,000,000 bbl. per day-about 11 % of the nation's current needs. Though the line will be constructed on a hurry-up basis at a cost of $4.5 billion, it will still not be in operation until 1977, if then. In taking the action, Congress brushed aside longstanding objections by environmentalists, who argue...
...been done to light a candle of hope that sits in the nation's backyard -the Alaska pipeline. The oil reserves under Alaska's North Slope remain as frozen in controversy today as they were when the 789-mile pipeline to the ice-free port of Valdez was first proposed in 1969. The line has been stalled in part by environmental issues. Tanker traffic would almost certainly result in oil spillage and leaks from the pipeline-it would traverse three earthquake zones-could endanger the ecology of the arctic tundra. Yet the conservationists' biggest weapon turned...
...After great deliberation and reflection, I have determined that it is in the national interest ... to grant a right-of-way permit for the trans-Alaska pipeline from the North Slope to the southern port of Valdez." In making that announcement last week, Interior Secretary Rogers C.B. Morton explained that the U.S. will need at least 20 million barrels of oil per day by 1980, and that domestic production apart from Alaska will be only half that much. As for the rival route across Canada, he declared that the $3 billion, 770-mile Alaska line will be cheaper and quicker...
...analysis of the various routes for taking oil from the North Slope appears to pave the way for Administration approval of the 789-mile pipeline that the Alyeska Pipeline Service Co., a consortium of seven oil companies, wants to build from Prudhoe Bay to the ice-free port of Valdez in southern Alaska. Conservationists say that a pipeline across Canada to the Midwestern U.S. would cause less ecological damage from oil spills, and they plan to fight for their view in the courts. The oil companies contend that the trans-Canada route would cost more to build and take longer...
Most important to Alaska's economy, the bill in effect removes a barrier to the proposed $2 billion trans-Alaska oil pipeline from the North Slope fields to the ice-free port of Valdez. The oil companies have been desperate to get on with the job; costs of waiting have been estimated at $400,000 per day. The big question now is whether the 789-mile-long pipeline can be built with sufficient safeguards to protect Alaska's environment...