Drawing Oil From Shale Presents Huge Problems
Denver AP reports shale oil holds billions of barrels in Colorado Utah and Wyoming but production faces enormous engineering costs and environmental hurdles. Gov't estimates 16 million acres with potential yields exceeding 600 billion barrels. most deposits may be uneconomical. Industry foresees a staged rise from tens of thousands to about one million barrels daily before tapering, amid calls shale will not solve US energy woes. Two extraction methods exist: in situ underground cooking or surface mining with retorts, using high heat to release oil.
MENTIONED IN THIS ARTICLE
Denver
Colorado
Utah
Wyoming
Interior Department
Middle East
Charles H. Prien
Denver Research Institute
Denver University
Prien
U.S
Crucial Time For Farmers Crucial Time For Farmers
Washington AP. Farmers face a high-stakes year as the 1974 crop season unfolds. Record harvests could ease food prices if fuel and fertilizer supplies hold, while shortages could trigger higher prices and potential shortages. USDA optimism centers on large corn and wheat crops and ample energy for farms this year.
MENTIONED IN THIS ARTICLE
Don Kendall
Washington
Nature
United States
Agriculture Department
Federal Energy Office
Don Paarlberg
USDA
Paarlberg
Trade Winds Big Money Waits For Election Tally
Wealthy investors and think tanks doubt the 1974 election outcome. They warn a liberal Congress could curb business, fearing inflation, labor strife, and political volatility. Big money avoids long-pull holds, favoring quick turnover amid turmoil.
MENTIONED IN THIS ARTICLE
Lou Schneider
Alliance
New York
Daily Stock Market Action
Congress
House
Ohio
Gerald Ford
Nixon
Ifs and the American outlook in a wary era
AP Business Analyst John Cunniff argues that the word if governs market mood and daily life. He notes investors, homeowners, motorists, and consumers face endless conditional hopes, with business plans often contingent on resolving those Ifs and sustaining confidence.
Oil Heiress Becky Jones and Vic Damone Plan Wedding
Oil heiress Becky Jones and singer Vic Damone plan to marry in April after a telephone proposal. The Beverly Hills ceremony is set for April 12 at the Beverly Hilton, Damone's agent said. Damone is 45. Jones is 27 and the couple have dated about three years. Jones’s father is A. J. Jones of Houston, Texas.
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Las Vegas
Ney
Vic Damone
Becky Jones
Laura Deni
Beverly Hilton
Beverly Hills
Calif
Damone
Miss Jones
A. J. Jones
Houston
Tex
North Carolina Economy Rises in January With Mixed Signals
The Wacovia Business Index rose 1.5 percent to 139.9 driven by higher checkbook spending. Employment and manufacturing hours stayed mostly stable amid energy shortages while unemployment rose to 4.1 percent. January car sales up 7.7 percent from December but down 7.9 percent from a year ago. truck sales up 7.1 percent year over year. A Christon Corporation plant sale to Texas Industries totals about $10 million, with polyester from Asheboro to be shipped to other Texfi plants. Building contracts in the Greensboro-Winston-Salem-High Point metro showed strong nonresidential work and weaker residential figures. A March 12 meeting in downtown Asheboro features Bill Hoff of the North Carolina Zoological Park discussing animal transport challenges.
MENTIONED IN THIS ARTICLE
North Carolina
Asheboro
Christon Corporation
Texas Industries
Greensboro
North Asheboro
Liberty
Randolph County
Joseph H. Hamilton
Texfi
Christian Horn
New Carolina
F. W. Dodge
McGraw-Hill Information Systems Company
Greensboro-Winston-Salem High Point
Bill Hoff
North Carolina Zoological Park
Hoff
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