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Exxon Uranium Mine-ded

Exxon Uranium Mine-ded image
Parent Issue
Day
12
Month
July
Year
1974
OCR Text

Another sign that large oil corporations are successfully comering the market on other forms of energy as well, is a recent move by the Exxon corporation. Exxon, the largest oü company in the world, recently signed an agreement with the State of Pennsylvania that permits Exxon to search for uranium on 23,000 acres of State-owned game lands- at S2 an acre. If the company discovers uranium, the leases will then be renegotiated at a higher per-acre rate;whlch would then mit Exxon to mine uranium ore.