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Show 4A 17, 1980 Emery County Progress Thursday, April Large corporations buying coal companies Persons can help be areas where we chronicle the UMWAs cant get motion history by loaning old pictures footage to natural gas companies and interests. General Electric is there, along transportation systems for gas. Electric Power. with Burlington Northern, Moore McCormack Resources Two major steel companies tranBethlehem (which operates the Bethlehem Steel, Peabody Holding specializes in water comsportation, as well as Price River Coal Company at Co. and Pacific Power and Light. electric, gas and Oil not the munication, are U.S. Steel Castle Gate) and companies, then, services. (which operates the Horse Creek only large firms with a substantial sanitary McCormack bought a Moore in interest the coal fields. East mine near Geneva Carbon) in 1976. were also on the top 15 list for 1977. Peabody Holding Co., the single raeVmeTgeTs'BISeTVA Many owners of the largest coal largest coal producer in 1977, is a however, showed a pattern companies are among Americas consortium of other firms which report, of when the firm buying a coal largest corporations. TVAs indues Bechtel Corp., The Boeing company is not an oil company, it researchers listed those coal Co., and Equitable Life Assurance is likely to be a firm with at least companies which own more than Society of the United States. other interest in the energy one one billion tons of coal reserves. There is wide diversity among field. Firms such as Texaco, the sixth firms which acquired coal comFor example, Exxon, the largest corporation in the country, panies during the past couple of nations largest corporation, had and Exxon, the countrys largest years. Panhandle Eastern Pipe the following 1977 energy Line, for example, bought a coal corporation, are prominent. largest oil company, Also included are an assortment company with Cleveland rankings: fourth largest holder of coal of firms whose prime business is headquarters. 32nd largest national not oil but which have other energy Panhandles prime business is reserves, reserve owner and fourth largest uranium miller. Although oil companies com prise the majority of the top coron still photos. Weve photos are asked to headquarters, (202) Derations in the energy market, before sen- - they are not the only firms with done this before and telephone Phil Ball at large, multiple energy intrests. will protect the UMWA International ding pictures. photographs photographs Although the concentration of coal production by large, non independent coal companies has dropped from a 1970 peak, the purchase of coal companies by large corporations continues. That is the word from the United Mine Workers Journal in a review of an update on a study on coal company ownership, initially done in 1977. The update and study was done by the Tennessee Valley Authority (TVA) which buys coal for electrical generation. The update noted a concern that a relatively small number of -- producing companies huge quantities of coal results in a non competitive market. TVA fears higher coal prices and reduced production due to the -- Dealari and Saleimen A New Heating Concept is now available that slashes heating costs by as much as 75 tor any home or business -- Thus, owners of these most productive companies include such familiar names as Standard Oil of -- Retails for $1 OOsq. ft You must qualify to handle or sell this product. No set up fees for Dealers Unlimited sales prospects1 Send Resume to Beehive Energy Systems co Jack Bromley 5952 Sultan Circle Murray, Utah 84107 for illustrate dates, mergers. The report specifically recommends that TVA bring anti trust suits against such mergers if other federal agencies refuse to -- take the legal action. The report also recommends other measures designed to prevent an increase in the number of energy conglomerates and to encourage small firms to enter the energy production industry. 638-05- some and Docrbinnew&rk THE anp Cairo me ANNOUNCED IWlNOOM&TW THE SHAH A PwREMOVEDTo MVERSICK ATATOUAH KHOMEINI, MAN ANP WILL NEED TONNG THE SHAHID SEVERAL MORE OPERATIONS... COMPROMISE N7HE ROSTA&E SITUATION iran Pieces Piece. in Tehran)- - painted tight the country; it also owns 1.5 billion tons of coal reserves and an oil company. From this dominance of huge portions of the energy field by a few corporations comes TVAs that coal second concern production teeing held down than because it sources controlled other energy by the same corporations. Because of its concerns about coal prices and coal production, the TVA report proposes continued opposition to energy company old mining photographs return them. copying in a film. periods of time. A 16 mm film is Well need to rely People who have old being produced for possible use on public television, at Local Union meetings, etc. However, the film producing firm has no photos to illustrate some of the UMWAs Weatherstripping all windows not shut or air- important Kerr - McGee, for example, is the largest uranium producer in Ohio, Ashland Oil and American magazine noted. The TVA researchers did an exhaustive study of who owns Americas coal companies. They found that, among the top 15 coal - producing companies in 1977, six were at least partially owned by oil companies. Five other top coal companies produce coal exclusively for their parent corporations so they do not help make the market competitive. However, 12 of the top 15 coal producing companies were not independently owned. These 12 firms produced 36 percent of the United States coal. UMWA seeks ATTENTION the centralization, increasing can lower your total fuel bill by, a high percentage. particularly 1930-4Jack B. Zilker with National Photographic 5. Laboratories Inc. of Houston, Tex., said, We know there will Fishing Worms FOR SALE Both the Italian volcanic island Vulcano and the volcano were probably named in honor of Vulcan, Roman god of fire and metalworking. Red Wedding Special Worms until May 1, 1980 Night FREE matching with your announcement order. We can do pictures! 100 thank-you'- s Crawlers full-col- Call 687-229- COTTONWOOD PRESS 5 Custom Printing Allen We also wonr.io CAf.lPDELL'S Huntington, Utah print stationery, forms, business cards, brochures, flyers. & Elizabeth Thorpe (801) 748 5386 440 Cottonwood View P O Box 544 Orangeville Utah 84537 S'Y Copley News Service -' ' the future. How much would it cost you to OWN a vacation mm douuts An exciting new concept in vacation ownership. 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