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(Studio) Bidding for major offshore oil and gas reserves in Prudhoe Bay, AK, discussed.
REPORTER: Dan Rather
(Los Angeles, California) [CLERK - announces size of bid.] Oil companies' bid for leases in Diapir field examined; Interior Department's estimate size of oil and natural gas deposits in region outlined on screen. [Interior Secretary James WATT - praises administration's efforts in region.]
REPORTER: Gary Shepard
- Rather, Dan;
- Shepard, Gary
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