GENERAL40934

• Permit No: C1981022
• IBM Index Class Name: General Documents
• Doc Date: 10/10/1995
• Doc Name: FAX OXBOW CONSOLIDATES TRADING GROUPS
• Permit Index Doc Type: GENERAL CORRESPONDENCE
• Media Type: D
• Archive: No

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10-20-95 ;12=13PM : PASHA Pl16LICATIONS~ 303 832 8106:# 2/ 2
CONSOL cuts some Plttaburgh Workero consume 125 tons/day of cool, should begin in etxrut six months, Mikacevich
CONSUL tae. ttx:trttly laid off some workeis in said. Then within the next two years I I or 12 other rewtts, each with a coal
its Pittsburgh headquttrU.~rY o(ficx;. capacity of500 was/day, will Ix built. In wtal thia plant tuned evnsumc about
C:UNSOI.official'1'ttm Huffman snarl runatts twvc 5,0110 tons of ccutl each AAy, making its annual neat well over 1.5 million tone
btxn Ilyitrg thfl[ the anhackx were big ones. But he of [ital.
said ttx:y onlycanteuttwo urutamed deparpnents anA Mikacevich said financing for the project 15 already in place and so
only repre-vrnu:d about 596 0[ the total worFdorce in conv[ruution should start av schtxlulal.
Fiaaburgh. 'I'M tutu resulted from duisiure made al Oxbow, which is a rtutjor intrrnetioael tradtr of coal and chemical
dtc company's tecendy concluded annual budget products, also is looking with Synfuel at lacatioas nationwide for other
meetings. lloffman couldn't say if further hcadyuar- pmt:ccsing plenty. Mikacevich hay goucn intr~cl farm a coal company he
tors layoffs are being contemplated. declined w name, which said it has major coal reserves near the town of
Also of rtolc, a9 of On. 22, CUNSUI_ hoc laid off Berwick, Ya., and wanes w o huo
8 patLletship with SyatLel.
seven workers at its Kellogg dock u Modoc, III. In the mcanGmc, Synfucl lcu signal a Icltrr of intent w obtain coal leases
Hol7matt said this is the normal seasonal workforce in Montana. near the wwn of Hiq Hom, that are held by Asset Management
rcducGon thu occurs just bcWre winter. 'f'rost Ltd. This tract has about 6(M) million ions of probable rcvmcv. Sums
PUCO approves Oh/o Edison rate cut `~ acres of the tract had been explored years ago by an oil company and has
'
The Public Utilities Commission of phio lave nhttuL 60 million luny ttl
proven reserves.
wccJc approved a 10-year, 5600 roilliun n:duction in 71te drill to pick up the leases should be final around Nav.10. Mikacevich
Oltlo 1Cdiaoa'a base tares. said the plan is to eventually build a processing plant at these reserves. The
the plan, which was given [o PUCO lastmonth as company almost ccrwinly will bin: a contract mina to do the actual alining.
a stipulettd agrcentrru betwcen Ne notary anA wn- MikacevichsaidtheplansfortheMontanaprojectarelessfirmthanforthe
sumergroups (CO 9lZS), also irtcltxles a 10-year rote Colorado project. Planning fur it could pnxxcd simullanatusly with the work
cap through 2005. Tea: exp applies w base rates and at Terror Crcek or could be sidelined while the[ project goes forward. Oxbow
fuel charges. Ohio Filisun is ~vtming u[ien extended might he invalvrd in the marketing of some of Ilu:pnxltu:Lv from the Monlrma
freers rot just its hale rntci Utility officiab said the plvtt, but that is not firmed up, he addacl. ,
exrzosioaofthefreezewfuelchargeswillmeanOhiv
Filiwn will be lryLtg extra hard w slash coal coos The n:fining process the company plans to rise recently underwent suc-

vn:r the next few yrats. a;ssful testin at the Universi of Utah's coal reseatoh lab. Possible roduc[a
8 ry P
out of this refining process include: solid char materials used for the tttanufao-
T&T official pleads over drainage lure of steel; liquids used w make things such a5 avphall and t-n:osvtc; and
Asuperin[ertAentfitrT&TFurlsinWestVirgiaia pharmaceuticalptnducts.
has pleaded guilty ro a fedual criminal o(fcnx; Coran
illegal discharge into a tribtuary of the Chen River.
clytle B;ahttfr plcadtd lb a one wont ••;nrornta-
Senateconsidersmodified reachbackmechanism
Gun" - wlticlt is an accusation against someone Thc Senau: Ninancc Conunitltx late lest week appruvtxl a bill tltet could
without a grand jury ittdiWrreul-last month in the free non-BCOA companicsfrompaying inwthe UMW retiree health-benefits
Nordtem District of Wcvl Virginia. U.S. Dis[ria cwubirtcd funJ, wlGle out a[lu:Gtrg die prrutiutus BCUA members pay.
CouR. Rishoff way n:sptmsible for i&Ts mines
when they diuhttrgal acid mine detinage. Contained in an overall tax bill put tagetherby the committee's Republi-

"
BislwCCs peen n;sulwd from a probe whidt began can majority, the xo-aalltxl'hat:hhack
Icgislativn would provitk: non-BCOA
m April 1994 "whru the hillside above 'C&tT Nn. 2 companies with premium credits when the fund has morn than a 10% surplus
collapsed, resulGng in the discharge of millions of over expenses. In its present form, the bill, collet dtc Dule Fyuily Act, would
gal Ions of untreated AMD;' eecordlrtg w the federal only taut tot two years, and if the wmbined fund's surplus evu dipped below
EPA. P.PA saiA that'1'&'1' had for years been shifting I 0°/n non-ACOA companies would have to resume paying i n again. A lobbyist
around acidic water in its n»nos u the site in an cffixt for the reacltback cotttpntties said the fund's surplus is large enough now that
wkeepftnmoreatiugitwhichitwouldhavehadotdn all nun-BCUAcumpanics would getcreditvwettverl0(1`R+oflheirpremiums.
if Iho water haA bcen pumped from the mines. The 5W rate's bill is not as dramatic as a bill passed !n the House last month

C07rBC>y0I1s that would have permanently relieved al] non ~BCOA cvmpaniw from paying
into thefund (CO 925).7hc Htwsc version would shill any addilittnal pn:mium
O[CtcialeoftHeadsttip M:nerry saklthernmpany is responsibilities w BCOA companies that signed the 1988 wage agcement.
1(10^b ownal by David Carver, with n0 ownership Tlu: Senate's version is actually close to the original language written by
interastheld by Sam Fruuis as m Otx 2 story had said,
Friendvhip ships total to Ur Termassec Valley Authot~ Rep. Melton Hancock, R-Mo., who sponsttrcd the Htmsc bill. It coulA affect

'
ily mule tl svrWacl held try 1'yrmtsid Mining, atom- 70 companies that presently pay into the fund.
about 4
pros in whit:lt Ftattcis has had extensive involvement 11' it indtxal gcty uul of tltc cornmillcc, the bill muss sell come up for a full
vote on the Senate Iltxtr, Ihcn gtt w a House-Scnalc con Icrcnce commiuu, then
Alma GeaeralingolTicial Mike lleJtvatd wants to Hack w the House and Scnatc florin and finally undQgtt presitlrnGal n;vicw.
clarify thu whiff Alcoa and Peabody Cvel have nrtt
htra:krstxl dw optitn of doing dcep mittirtg on the Squaw Sam Richardson, a lobbyist for 111e Reechback 'Cox Relief Cnolition.
Creek recervca in Indiana, a dcGoile tkcisivn has bowl predicted that when [he conference ctrtnmittsx considers the two bills, one that
nudethatthrxcrcncrvrsantntocatomictontinefor[he is closer to the House version will be agreed upon.
time being. He thttugltt a Sept 25 attack implied too Huwcva trot Hill source divagrced. "`I think something like the Setmte
stronglyttratda;tminingivundercutrenttotttideration. version has dre Ixslchance because it is politically safer for all the intacsts
!'as/ra Pa(+liratinnr.lble N.!•nrr MVrr Urive. SrrirerWO.AAinglon. Ya. 2220? G'M!(hrnru,k-r)rrnber 2.t, rov5