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Oil Bidding / Alaska #205423

CBS Evening News for Wednesday, Sep 10, 1969
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(Studio) Alaska opens bids on potential oil land leases, Some bid $12,000 an acre, 179 tracts bring $87 million. Alaska hopes for $1 billion. Oil company representatives work in secrecy.
REPORTER: Walter Cronkite

(Anchorage, AK) Tundra and oil equipment shown. [U. Alaska Econist. Gregg ERICKSON - believes sales to leave Alaska taxless for 15 years Could suffer pop. boom if no taxes.] [Millionaire Tom MIKLAUTSCH - says life not changed. Too busy to make changes.] Alaska to be 1 of US's richest states,
REPORTER: David Culhane

Cronkite, Walter;
Culhane, David

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