Hide Article Text (OCR)
Hobby ReportThe Federal Government is working on a plan Project Independence to develop enough energy for the United States to be self-sufficient.To realize this goal, theUnited States must increase its domestic production as much as possible. We must expand our production and still maintain our environmental quality.I believe that in the years to come, self sufficiencywill be necessary in many areas. Our research andmoney now should be directed toward this goal.It seems that manpower and capital are our two most constraining factors at present. Our forces should then be directed toward specific industries and projects to help us reach our goal.Some recent studies have concluded that much more manpower and funds are needed than most people have realized. Between 1973 and 1980, an investment of $20 billion a year will be needed nationally to try toimproveour energy picture.In Texas, Louisiana, Oklahoma, and Arkansasalone, the average annual investment for those seven years must reach $5.2 billion. These are vast sumsof money.One can see why suchhuge amounts are needed. Almost two-thirds of the nation's new petrochemical production facilities will beP® Maqnolia Florist ffftlocated in these four states. This large portion of newenergy construction will belocated in this four-state region because of the accumulation of existing facilities*of this type in our area.It is cheaper to add capacity to the existing plants rather than build new plants from the ground up in other parts of the nation. This specific region also isencouraged as related products and supplies are made in plants close by. The region's pipeline facilities are the best developed,allowing the most efficient distribution of thesematerials.The lure of the existing facilities with the in cumbent economies that they provide outweigh thenegative factors.This construction willrequire many specially trained people. Until 1980,8.000 engineers will be needed annually along with18.000 pipefitters and welders and 100,000 other skilled laborers.The nation desperately needs this new developmentto protect its interests from outside interference.The nation is relying onTexas to provide thisproduction. It will entailboth opportunities and burdens for the people of Texas. I think that%Texansare willing to pitch in on thisnational effort for the goodof the country.It's a big job, but I believe Texas is equal to it.
Newspaper Details
Port Neches Midcounty Chronicle Review
Port Neches, Texas, US
Thu, Dec 26, 1974
Page 15
Full Page
Clipped by
Anonymous
NY, USA 17 Mar 2021
Other Publications Near Port Neches, Texas
Port Neches Midcounty Sunday Chronicle Review
Port Neches Midcounty Chronicle Review
Port Neches Midcounty Chronicle
Port Neches Grove Chronicle
Port Neches Community Post
