Belief Grows Oil Exports Could Head to Japan From Alaska
San Francisco dispatch notes government and oil officials increasingly expect Alaska North Slope crude to be traded for oil to be sent to Japan. Sen Ted Stevens backs the idea, with potential approval required from the president and Congress. Analysts debate whether a West Coast surplus will occur in 1978, given refinery capacity and alternative routes via the Panama Canal. Major producers like Sohio Exxon and ARCO assess impact on markets and air pollution rules.
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