197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed...
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Transcript of 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed...
![Page 1: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/1.jpg)
19701970 19711971 19721972 19731973 19741974 19751975 19761976 19771977 19781978 19791979 1980198019701970
ARCO diversifies into coal. Core
sampling showed Powder River Basin, in Wyoming, to be a
strong resource
ARCOARCO
SPSSPS
SPS decides to build an electric generation plant
(Harrington Station) using coal vs.
natural gas
Powder River Basin
Harrington Station
![Page 2: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/2.jpg)
19701970 19711971 19721972 19731973 19741974 19751975 19761976 19771977 19781978 19791979 1980198019731973
Powder River Basin
Harrington Station
ARCOARCO
SPSSPS
Original Harrington Agreement
$2.00 per ton
![Page 3: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/3.jpg)
19701970 19711971 19721972 19731973 19741974 19751975 19761976 19771977 19781978 19791979 1980198019731973
Original Harrington Agreement
$2.00 per ton
SPSSPS
ARCOARCO
SPS begins construction of
Harrington Station
Sierra Club Litigation begins
![Page 4: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/4.jpg)
19701970 19711971 19721972 19731973 19741974 19751975 19761976 19771977 19781978 19791979 1980198019741974
Original Harrington Agreement
$2.00 per ton
ARCOARCO
SPSSPS
SPS creates TUCO, a
wholly owned subsidiary
TUCOTUCO
Sierra Club
![Page 5: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/5.jpg)
19701970 19711971 19721972 19731973 19741974 19751975 19761976 19771977 19781978 19791979 1980198019741974
ARCO and SPS/TUCO reopen negotiations regarding Harrington Agreement
Original Harrington Agreement
$2.00 per ton
ARCOARCO
SPSSPS
TUCOTUCO
Sierra Club
![Page 6: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/6.jpg)
19701970 19711971 19721972 19731973 19741974 19751975 19761976 19771977 19781978 19791979 19801980
Original Harrington Agreement
$2.00 per ton
ARCOARCO
SPSSPS
19761976
Revised Harrington Agreement
$2.698 per ton
State Agreement
$6.50 per ton
TUCOTUCO
NEGOTIATIONSNEGOTIATIONS
Sierra Club Injunction ends
Sierra Club
![Page 7: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/7.jpg)
9.1%
19701970 19711971 19721972 19731973 19741974 19751975 19761976 19771977 19781978 19791979 19801980
Original Harrington Agreement
$2.00 per ton
ARCOARCO
SPSSPS
Revised Harrington Agreement
$2.698 per ton
State Agreement
$6.50 per ton
19771977
5.8%
Tolk Agreement
$7.50 per ton
TUCOTUCO
Powder River Basin
Harrington StationTolk Station
NEGOTIATIONSNEGOTIATIONS
Sierra Club
![Page 8: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/8.jpg)
19701970 19711971 19721972 19731973 19741974 19751975 19761976 19771977 19781978 19791979 19801980
Original Harrington Agreement
$2.00 per ton
ARCOARCO
SPSSPS
Revised Harrington Agreement
$2.698 per ton
State Agreement
$6.50 per ton
19771977
Tolk Agreement
$7.50 per ton
ARCO starts delivering coal to TUCO under State agreement
TUCOTUCO
NEGOTIATIONSNEGOTIATIONS
Sierra Club
![Page 9: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/9.jpg)
19701970 19711971 19721972 19731973 19741974 19751975 19761976 19771977 19781978 19791979 19801980
Original Harrington Agreement
$2.00 per ton
ARCOARCO
SPSSPS
TUCOTUCO
Revised Harrington Agreement
$2.698 per ton
State Agreement
$6.50 per ton
19801980
Tolk Agreement
$7.50 per ton
TUCO TUCO (Cabot)(Cabot)
STATESTATE
NEGOTIATIONSNEGOTIATIONS
Sierra Club
![Page 10: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/10.jpg)
19801980 19811981 19821982 19831983 19841984 19851985 19861986 19871987 19881988 19891989 1990199019821982
TUCO TUCO (Cabot)(Cabot)
ARCOARCO Tolk Agreement
$7.50 per ton
ARCO starts delivering coal to TUCO under Tolk Agreement
![Page 11: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/11.jpg)
19801980 19811981 19821982 19831983 19841984 19851985 19861986 19871987 19881988 19891989 19901990
TUCO TUCO (Cabot)(Cabot)
ARCOARCO Tolk Agreement
$7.50 per ton
Letter of Agreement - Labor and Fringe
Benefits adjusted by indices
Letter of Agreement
Labor & Fringe
Benefits
TOLKTOLK
![Page 12: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/12.jpg)
19801980 19811981 19821982 19831983 19841984 19851985 19861986 19871987 19881988 19891989 19901990
TUCO TUCO (Cabot)(Cabot)
ARCOARCO Tolk Agreement
$7.50 per ton
ARCO starts delivering coal to TUCO under Revised Harrington Agreement
Letter of Agreement
Labor & Fringe
Benefits
TOLKTOLK
![Page 13: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/13.jpg)
19801980 19811981 19821982 19831983 19841984 19851985 19861986 19871987 19881988 19891989 19901990
TUCO TUCO (Cabot)(Cabot)
ARCOARCO Tolk Agreement
$7.50 per ton
Letter of Agreement
Labor & Fringe
Benefits
Tolk Second Amendment
TOLKTOLK R. HAR.R. HAR.
![Page 14: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/14.jpg)
19801980 19811981 19821982 19831983 19841984 19851985 19861986 19871987 19881988 19891989 19901990
TUCO TUCO (Cabot)(Cabot)
ARCOARCO Tolk Agreement
$7.50 per ton
Letter of Agreement
Labor & Fringe
Benefits
TOLKTOLK R. HAR.R. HAR.
Performance under Revised Harrington and Tolk Agreements
![Page 15: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/15.jpg)
19901990 19911991 19921992 19931993 19941994 19951995 19961996 19971997 19981998 19991999 2000200019941994
TUCO TUCO (Cabot)(Cabot)
ARCOARCO
TUCO sues ARCO- “Pricing Claims”
Performance under Revised Harrington
and Tolk Agreements
![Page 16: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/16.jpg)
19901990 19911991 19921992 19931993 19941994 19951995 19961996 19971997 19981998 19991999 20002000
TUCO TUCO (Cabot)(Cabot)
ARCOARCO
19971997
Revised Harrington Agreement
$2.698 per ton
Revised Harrington Agreement
ends
TUCO TUCO sues sues
ARCOARCO
Performance under Revised Harrington
and Tolk Agreements
![Page 17: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/17.jpg)
19901990 19911991 19921992 19931993 19941994 19951995 19961996 19971997 19981998 19991999 20002000
TUCO TUCO (Cabot)(Cabot)
ARCOARCO Revised Harrington Agreement
$2.698 per ton
TOLKTOLK
Performance under Tolk Agreements
TUCO TUCO sues sues
ARCOARCO
![Page 18: 197019711972197319741975197619771978197919801970 ARCO diversifies into coal. Core sampling showed Powder River Basin, in Wyoming, to be a strong resource.](https://reader035.fdocuments.us/reader035/viewer/2022062714/56649d045503460f949d768d/html5/thumbnails/18.jpg)
20002000 20012001 20022002 20032003 20042004 20052005 20062006 20072007 20082008 20092009 20102010
TUCO TUCO (Cabot)(Cabot)
ARCOARCO
Performance under Tolk Agreements