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<br />13~b <br /> <br />MR. NELSON: <br /> <br />MR. _ PETERSON: <br /> <br />MR. NELSON: <br /> <br />MR. STAPLE1DN: <br /> <br />"As I recall, most of the shale men <br />at the time they made the report for the <br />Colorado Conference Committee, set a date <br />of 1965 as the start of potential develop- <br />ment. <br /> <br />I <br /> <br />This atomic blast - I am a little <br />skeptical of its accomplishing what they <br />think it is going to accomplish but I do <br />think the oil shale is moving quite <br />rapidly. The Three States Committee on <br />Oil Shale met at Vernal two or three weeks <br />ago and they are going to have another <br />meeting soon to decide what to do on the <br />depletion allowance proposition and I be- <br />lieve that oil shale is going to be on <br />faster than we realize." <br /> <br />"Mr. Chairman, it takes a long time to <br />build projects; it takes a long time to get <br />them authorized, money appropriated for <br />them; and when you consider that, 1965 is <br />not too far away. <br /> <br />If you will,remember the Hill Report,' <br />I think, at that time~ mentioned an amount <br />of 300,000 acre feet of water should be <br />made available for shale development and <br />without any additional information, which <br />there may be, without any additional informa- <br />tion it looks like we could use that figure <br />of 300,000 acre feet of water that would be <br />necessary in the oil shale development and <br />try to incorporate them in the projects which <br />are proposed now, such as the West Divide. <br />I don't think we should waste much time on <br />it. It takes a long time to get these proj- <br />ects under way. I think it's important that <br />we get onto it right away." <br /> <br />"Mr. Chairman, I would like to remark <br />further that that 300,000 acre feet would <br />practically all have to come from storage <br />because the stream flow, except in the <br />spring, is pretty well appropriated and <br />we would have to have storage for oil <br />shale projects." <br /> <br />I <br /> <br />"Any <br />members? <br />industry <br />from our <br /> <br />further comment from the Board <br />I see a member of the shale' oil <br />here. Are there any comments <br />visitors? If not, I think a <br />