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Last modified
7/29/2009 7:26:45 AM
Creation date
10/12/2006 5:19:53 AM
Metadata
Fields
Template:
Water Supply Protection
File Number
8059
Description
Section D General Studies-State Water Plan
State
CO
Date
10/1/1972
Author
NB Pundari
Title
Environmental Considerations-The Denver Post-Oil Shale Development in West
Water Supply Pro - Doc Type
News Article/Press Release
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<br />leased; a maximum of between 3,500 to <br />14,000 barrels of shale oil. However, the <br />probability of rupture is small and the <br />earth surrOUnding the pipeline will oHen <br />provide a high resistance to flow. The Na- <br />tional Petroleum Council has reported <br />that for 1968, 210,000 miles 01 petroleum <br />pipeline in the U.S. transported 6.5 billion <br />barrels of liquid petroleum commodities. <br />Only sbc-thousandth of 1 per cent 01 this <br />was spilled due to pipeline failure and <br />much of this was recovered." <br /> <br />FOR THE READERS' benefit " would <br />outline Ihe problems of 100 much depen- <br />dency of foreign oil supplies. (U. S. now <br />imports about 20 per cenl of nation's con- <br />sumption which will increase 10 50 per <br />cent by 1985.) These problems were <br />identified by the Cabinet Task Force as: <br />"1. War might possibly increase our pe- <br />troleum requirements beyond the ability <br />or willingness ofloraign sources to supply <br />us. 2. In a prolonged conventional war, <br />the enemy might sink the tankers needed <br />to import oil or to carry it to market lrom <br />domestic production sources such as <br />Alaska. 3. Local or regional revolution, <br />hostilities, or guerrilla activities might <br />physically interrupt foreign production or <br />transportation. 4. Exporting countries <br />might be taken over by radical govern- <br />ments unwilling to do business with us or <br />our allies. 5. Communist countries might <br />induce exporting countries to deny their <br />oil to the West. 6. A group of exporting <br />countries might act in concert to deny <br />their oil to us, as occurred briefly in the <br />wake of the 1967 Arab-Israeli war. 7. Ex- <br />porting countries might take over the <br />assets 01 American or European compa- <br />nies. 8. Exporting countries might lorm an <br />effective cartel raising oil prices substan- <br />tially." <br /> <br />The crux of the argument against im- <br />porting a substantial Iraction 01 the na~ <br />lion's oil is that the source of additional <br />foreign oil. In general, the Middle East or <br />North Africa are "insecure" and might be <br />lempted to withhold exports to the U.S. <br />for pOlitical and/or economic gain; <br />The United Stales has 6 per cent of <br />world's popUlation but consumes some <br />35 per cent of the world's energy in alt <br />forms and uses about 60 per cent of <br />world's mineral resources! For the world <br />as a whole, the per capita consumption <br />is rising which could result in the U.S. <br />share of world consumption to fall by 10 <br />per cent before the year 2000; however, <br />the total U.S. hunger for energy and min. <br />erals would increase. <br />Historically this increasq has been at <br />the rate of 8 per cent a year although the <br />population of United States is increasing <br />at about 1.2 per cent a year. This shows <br />that the energy and minerals demand <br />correlates closely with gross nahonal <br />product (GNP) which, in turn, correlates <br />with bOth population and per capita in- <br />come. The increasing use is more due to <br />aHluence and a rising material standard <br />of Jiving. <br /> <br />N. B. PUNDARl <br /> <br />UtlIeton <br /> <br /><70J <br />
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