state
Battalion/Page 5
September 9, 1982
Clements calls
bill a solution
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United Press International
AUSTIN — Gov. Bill Cle
ments said a bill approved by a
House committee is a perma
nent solution to the unem
ployment compensation fund
problem.
“It’s not a Band-Aid,” he
aid Tuesday, the opening
day of the special session.
In the bill, taxes paid by
lost Texas employers wQiald
ncrease by about 300 percent
far less than the 2,000 per-
:ent hike anticipated.
A House committee voted
n favor of the bill by House
Speaker Bill Clayton that
ould allow the state to bor
row an unspecified amount of
oney from the federal gov
ernment to keep the fund sol
vent and to assess a surtax on
employers to pay as much as
$40 million in interest on the
loan.
If the legislature approves
Clayton’s bill, it would be the
first time in history that Texas
has borrowed from the feder
al government under a 1938
New Deal program that pro
vided state unemployment
funds.
The bill, to be considered
by the House today, will raise
the tax rate for most Texas
employers would be raised
from 0.1 percent to 0.3 per
cent.
“It will certainly be an in
crease over what is in place
now for employers of Texas,”
said Clayton, D-Springlake.
“But it will certainly be a de
crease over what employers
would have to pay if we didn’t
act now.”
Most legislators have said
they favored a longterm solu
tion to the fund’s problems
rather than a one-time bail
out. “This part of our system
is sick,” said Sen. Carl Parker,
D—Port Arthur. “The ques
tion is whether we hold our
noses and take a dose of castor
oil or wait awhile and undergo
major surgery.”
I n addition to providing for
the loan and interest pay
ments, Clayton’s bill would set
a $500 million ceiling and a
$225 million floor on the
fund. Employers would pay
more taxes for every $45 mil
lion the fund balance fell be
low the floor and less taxes for
every $45 million the fund ba
lance exceeded the ceiling.
The bill also would increase
the maximum tax rate from
0.4 percent to 0.6 percent, in
crease the annual penalty rate
on late payments from 12 per
cent to 18 percent, and raise
the employee wage base on
which taxes are levied from
$6,000 to $7,000.
Methane tops list
for future energy
United Press International
f DALLAS — Methane, the
waste product that ignites coal
mine explosions and is flared off
r prod by refineries, will become more
ol and: important than petroleum, the
e betwee ? editor of Science magazine pre-
, said Sa dieted Wednesday,
ofcomirflfl “I’m certain that within 15
ispital. Bears,” editor Philip Abelson
besthetf; Said in preliminary remarks at a
natic, li(: two-day symposium on exotic
intere- energy sources, “there will be
more methane gas produced
domestically than petroleum. Its
value will be enormous.
“This is the same stuff that
they were flaring away,” he said.
■Who needed it? Who wanted to
look for it? But the high price of
oil has made methane a lot more
{'feconomical and now the search
is on.”
He said Soviet methane re-
are evic serves are far greater than the
rn 0 veti energy equivalent of oil in Saudi
ie sa id. Arabia, hence the Soviet pipe-
pital’s s line controversy.
rea tinff A “The gas gives them (the Rus-
or c tie; ^sians) tremendous potential,” he
m in# said -
hope; Abelson said methane occurs
answet naturally almost everywhere
]uestioit there is decayed organic matter,
in said “One thing about methane is
descrik ^at it can be found practically
i ofch' everywhere in the sedimentary
what (f ’basins,” he said. “It’s more wide-
nitthef s pead in occurance than oil.
D | as *({ That’s why, for example, you
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Using satellites, photos to find oil
Exotic oil-finding methods studied
United Press International
DALLAS — What sound like
exotic methods to find oil —
satellite photography and study
ing the bottom of the ocean —
could eventually be the most
cost-effective methods, a partici
pant of a petroleum exploration
symposium says.
A two-day conference at the
Fairmont Hotel sponsored by
the Institute for the Study of
Earth and Man at Southern
Methodist University beginning
Wednesday will consider such
unconventional methods of
finding oil.
About 130 oil industry repre
sentatives, some from as far
away as France and Great Bri
tain, were expected to attend.
Doris Ainsworth, a spokes
woman for the third annual
symposium on “Unconventional
Methods in Exploration for Pet
roleum and Natural Gas,” said
current economic conditions
make new and cheaper methods
of finding fuel a necessity.
“I think the whole point of
some of these unconventional
methods is that they are cheaper
than the ways we are finding oil
now,” she said.
“They are exotic. That’s why
researchers have a hard time
selling them to industry. What
they (the researchers) need to do
is to try to change the mindset, to
show that some of these ways are
not only cheaper, but better.”
Dr. Philip Abelson, editor of
Science magazine, w r as sche
duled to give the keynote
address today on “The Future of
Methane as an Energy Source.”
Topics to be presented in case
study format included the use of
satellites and magnetic fields in
the search for oil, as well as tech
niques to measure upper migra
tion of water and gravitational
forces.
Even botany will be repre
sented, Ainsworth said. Geobo-
tantist Mary C. Dalziel of the
U.S. Geological Survey office in
Flagstaff, Arizona, was sche
duled to present a case study on
“finding oil in an area of Monta
na based on the metallic anoma
lies of sage and pine trees.”
have coal mine explosions. In
the earth, the gas mixes with coal
dust and is highly explosive.
“Many regions where orga
nized matter has laid down gave
rise to methane rather than pet
roleum,” he said. Despite its ex
plosive nature, he said, “it’s safer
to handle than light hydrocar
bons such as gasoline.”
Abelson said companies have
been reluctant to invest in artifi
cial methane, usually created
from coal.
“The investment involved in
such a plant would be in the bil
lions of dollars,” he said. “And
we have yet to built the first one,
although one has been started in
North Dakota. One of those
deals may take eight to 10 years.
“The advantage of natural
methane gas is that you can drill
a well and with the distribution
pipelines be on line within a
week or two.
“It is much easier to purify
than oil and as a fuel. It is much
more clean burning. People are
only gradually gaining an
awareness of the value of the
stuff, and yet it is energy soure
of the future.”
About 130 oil industry repre
sentatives, including some from
France and Great Britain, are
expected to participate in the
symposium, sponsored by
Southern Methodist University.
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