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East Coast Oil Reserves / Baltimore Canyon #35774

ABC Evening News for Tuesday, Feb 11, 1975
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(Studio) Ford administration hopes oil reserves along E. Coast on Continental Shelf can be explored and dvtd. as part of long-range energy program. Baltimore Canyon 1 of most promising areas. Interior Department holds hearings on matter in Trenton, New Jersey.
REPORTER: Howard K. Smith

(Trenton, New Jersey) [Rhode Island Governor Philip NOEL - believes development of resources should go ahead full steam.] Noel states accurate environmental impact statement can't be completed till exploration begins. [New Hampshire Governor Meldrim. THOMSON - believes it would be national tragedy for states to frustrate federal government in development of Continental Shelf.] [New Jersey Governor Brendan BYRNE - criticizes Int. Department's announcement that it will ask oil companies what areas should be opened for lease sale. Plans to ask court for ruling.] To take 3 years to explore canyon and 8 or 9 years to bring any oil into production.
REPORTER: Roger Peterson

Peterson, Roger;
Smith, Howard K.

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