Connally Urges Independents to Hold On in Oil Debate
Texas governor John Connally urged independent oilmen to hold on as he voiced sympathy for their troubles amid industry problems. Speaking at the Interstate Oil Compact Commission session he warned state regulators cannot always weigh economics in production control and stressed that a prosperous oil industry requires all parts to prosper. A study for the commission found most states have adequate authority to conserve oil and gas, though some statutes lag with evolving technology.
MENTIONED IN THIS ARTICLE
Billings
Mont
John Connally
Texas
Connally
Interstate Oil Compact Commission
Udall
Suppliers Group Elects City Man
Tulsa story: Amarillo businessman James S. Kone elected president of the Natural Gas Processors Suppliers Association. Kone leads James S. Kone & Co. with offices in Amarillo and Odessa. Other officers assuming office.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Amarillo
James S. Kone
Natural Gas Processors Suppliers Association
Kone
James S. Kone & Co
Odessa
Argentinia Seeks Oil Settlement After State Takeover
BUENOS AIRES AP Officials pressed talks for an out of court settlement with three U S oil companies whose field operations were taken over by YPF the State Oil Agency. YPF would direct more operations this week as part of President Illias decree annulling 13 private contracts.
MENTIONED IN THIS ARTICLE
Buenos Aires
U.S
Argentine State Oil Agency
YPF
Arturo Illia
Pan American International
Standard of Indiana
Cities Service Development Corp
New York
Union Oil Co
California
Illia
Argentina
Houston Board Appoints Officers At Meeting
During a board meeting in Houston the organization named Rudy Zorn of Houston as vice president, Earl Nutter of Tulsa as vice president, and W. H. Plowman of Houston as treasurer.
MENTIONED IN THIS ARTICLE
Fice
Houston
Rudy Zorn
Earl Nutter
Tulsa
W. H.plowman
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