| OCR Text |
Show OIL SHALE BILL IS APPROVED The Senate Energy Com- mlttee approved an oil shale bill originally sponsored spon-sored by Congressman Dan Marriott. The bill expedites expe-dites the development of oil shale production facilities by providing additional land for non mining purposes. The bill is expected to be voted on Monday by the full Senate. The measure was combined com-bined with provisions favored fa-vored by the Carter Ad- i ministration and reintro-minlstration reintro-minlstration and reintroduced reintro-duced by Interior Com mlttee Chairman Morris Udall, , Marriott and others. It allows al-lows the Interior Secretary ; to issue non mining leases on land adjacent to current oil shale leases. That will ; allow a company to build processing plants, disposal sites and other activities . not involving actual mining itself, but adjacent to the mined land. It is a signlfl- . cant step in expediting the development of the oil shale process. There are about 1.8 ' trillion barrels of oil shale under some 17,000 square miles In Utah, Colorado and ' Wyoming. About one third, ' or 600 billion barrels are now recoverable. That ' equals 90 of the known world reserves of con-I con-I ventional oil and at cur- I rent rates of consumption I would fulfill UJS. needs for I 100 years. |
