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January 23, 1974 - Image 8

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Publication:
Michigan Daily, 1974-01-23

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THE MICHIGAN DAILY

Wednesday, January l:3, 1 1) l4

Faculty talks energy1
(Continued from Page 1) this "heavy oil" is not easily re-
complex" and when converted to finable.
natural gas, produces two environ- Katz offered one solution which
ment-damaging by-products - sul- he contends is "practical" if a
phur and ss rtbit unusual: "geothermic power."
KATZ is presently involved in ;GOHRI oeh x
research efforts to reduce the by- GEOTHERMIC power, he ex-
products and analyze other aspects plained, can be produced by dig-
of coal use. ging far enough down into the
In view of the international fuel' earth's crust to reach high tem-y
situation, Katz called the U. S. peratures. Water poured into such
"the. best off" of the major indus- incision would boil quickly and pro-
trial nations. duce enough steam to provide an
"It was good the Arabs decided energy source.
to hold bc o nta fi h "I call this my 'hot rocks' meth-
fturel bc now instead of in the , Katz said. "If you dig down
future when we would really be de- od,K sad f you i An
pendent on them," he noted. , thousand feet right here in Ann,
KATZ said other fuel alterna- Arbor, the water will boil."
tives include oil derived from KATZ provoked laughter with
shale or tar sands. one of his last suggestions: "If the!
"We are sitting on a trillion bar- United States constructed 20 thou-
rels of low-grade shale oil," said sand windmills off the coast of.
Katz. He explained that tar sands New England, we'd have enough!
located in Alberta, Canada, could power to light up New York City."
produce an oil supply equal to the The next energy seminar is
world's current reserves, but that scheduled for Thursday night.
ongress warns oil
firms " tax breaks

THE MICHIGAN DAiLY Wednesday, January L~, I91'~

Voters reject millage
for vocational center

" i,
i
b
i . .
5:: ! ..

University Activities Center
presents .

(Continued from Page 1) Mayor James Stephenson.
business, communications, natural PAT GILBERT of the Intermedi-
resources, and transportation. ate School District blamed the
The proposed center drew en- crushing defeat on "the basic dis-
dorsements from nine of ten school I trust in government and poor eco-
districts within the county, the nomic conditions" which presently
League of Women Voters, and the exist.
Ann Arbor Chamber of Commerce. Proponents of the vocational cen-
Many local political leaders also' ter believed it would have aided
supported the school, among them the large number of county high
U.S. Congressman Marvin Esch school students who graduate with-
(R-Ann Arbor), state legislators out any "marketable" skills yet do
Gilbert Bursley (R-Ann Arbor) and not go on to two or four year
Perry Bullard (D-Ann Arbor), and colleges.I
- -I

1.

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Includes
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For further details and reservations, contact:
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(Continued from Page 1)
volume.
Card cautioned against interpret-
ing the figures to mean that oil
companies are reaping windfall
profits because of the fuel short-
age.
'He said the period of high pro-
fit followed four years of lacklus-
ter earnings growth. In seven of
the past 10 years, the rate of re-
turn for the oil companies has been
below the average for other man-
ufacturing companies, the Texaco
executive said.
IN OTHER energy'- related de-
velopments yesterday:
The Navy moved to absorb
adjoining Standard Oil Co. lands
into the Elk Hills, Calif., Naval Pe=
troleum Reserve after concluding
that oil is draining out of that pre-
serve.
p Teamsters President Frank
Fitzsimmons urged President Nix-
on to provide all the diesel fuel
truckers require. The union offic-
ial also said he told the President
the union must reopen contracts

with truckers to maintain the in-
come of drivers who now must ob-
serve lower speed limits.
* Federal energy czar William
Simon branded as "ineffective and
unworkable" a proposed excess
profits tax now before Congress.
He expressed his opposition in a
letter to the Senate Finance Com-
mittee, which is presently exam-
iningthe bill which would tax oil
companies for windfall profits dur-
ing the energy crisis.
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MEIJER RESERVES THE RIGHT TO LIMIT QUAN-
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