OCR Text |
Show Spotlighting Ijjtah I CiASOUNE FROM COAL j The U. S. Bureau of Mines is eyeing eye-ing Utah's mighty coal deposits as a possible source for the production ' of synthetic oil and gasoline. The Bureau has proposed spending $900,000,000 to construct 75 plants throughout the nation in any of the 20 coal producing states. Utah is one of the states prominently mentioned. Utah's coal resources cover 13,000 square miles and constitute con-stitute approximately 196,000,000,000. tons of coal. . The Bureau is also interested in producing oil from Utah oil shale deposits. The production of oil from shale, it was pointed out, will be limited to four states, Utah, Colorado, Col-orado, Wyoming and Nevada. The Bureau points out that the proposed synthetic program would tremendously tremen-dously increase domestic mining of coal and oil shales. Utah's oil shale outcrops cover approximately 2,500,000 acres which show a yield of from practically no oil up to 60 or 70 gallons per ton. The richest oil shales are found in the area west of Green river and eastward to the Colorado line in the Uintah Basin Immediately north of the Book Cliffs. It Is estimated by the Bureau of Mines that 75,000,000 000 barrels of recoverable oil are present In the oil shales of Utah. UPSURGE SEEN IN INDUSTRIAL EXPANSION More than $50,000,000 will be ex-pended ex-pended In Utah this year for Industrial Indus-trial construction and business ex-' pension, It Is estimated. Back of this Important development is iron, steel, oil, gypsum fertilizer, battery, chemical and paint eoneerns which have undertaken or disclosed plans tor new construction or expansion this season. |