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Show ' i . IVVhifle River Sheale Project livill spend 'lOO million l n 5e.DePartment of Interior's ap- I toy's te ver "Shale Oil Com- i 1 iJt plans fr a 106,000 barrel a day i siaes- uth of Bonanza, local men were encouraged that the lckuu shale industry was back on ttUnRiver President Robert N. i CZce1 that his firm I id a half mUlion m toe first year Preparing the site 40 miles C4LVernal-K aU 8es wel1 $1 ""that 1)6,11 on a demonstration rriis a 0Uld Produce 15,000 to 16,000 isfm ,h Production. If this is suc- me final push is to go for the 106,000 barrel production for full operation opera-tion in the early 1990s at a cost of $3 to $5 billion. The full operation would require moving mov-ing 176,000 tons of shale a day. By comparison com-parison the Utah Kennecott operation at Bingham Canyon moved about 106 000 tons of ores day. Five thousand construction workers would be required at the peak of construction and 3,330 permanent workers would be required to operate the mines and retorts on full operation. The shale will come from underground room and pillar opera- tions. The spent shale, residue after retorting, will be dumped into a canyon near the operation to be compacted and revegetated. White River bid $120.7 million in bonus bon-us payments to lease the federal tract. Around $10 million has been spent on x environmental studies and monitoring searches to determine a baseline for air, water and biological degregation to the area. Finally, the way is being opened to start the actual demonstration with oil shale to see if it can be economically (Continued on page 2) Shale project - - - (Continued from page 1) processed and compete with crude oil at a near profit. If oil shale can overcome many of its obstacles, the industry may continue as proposed by the White River plans, otherwise it may be delayed many more years until it becomes valuable enough to process by known technology. |