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Iowa Receives $1 Million From Oil Settlement Windfall
Iowa will gain $1 million from settlements with Amoco OKC Corporation and Colleen Corporation over 1970s oil price control violations. The funds, added to a $27.4 million Exxon windfall, must be used for energy conservation per federal and state approval. Hearings will seek guidance on allocation.
MENTIONED IN THIS ARTICLE
Judy Daubenmier
Des Moines
ES Moines
State of Iowa
Larry Bean
Iowa Energy Policy Council
Amoco Oil Company
OKC Corporation
Colleen Corporation
Exxon
Bean
EPC
U.S. Department of Energy
Iowa
Amoco
Iowa Department of Transportation