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Newspaper
Deer Park Progress
Location
Deer Park, Texas, United States of America
Date
Jul 31, 1975
Page
8
A Texas Mid-Continent study shows Harris County's 1974 crude oil and natural gas output valued over $252 million in oil and $230 million in gas, plus $31.5 million in royalty payments. National concerns include potential federal price controls threatening Texas petroleum profits and royalty incomes.
A county survey shows the Texas county relying on oil and gas drives, with $12.2 million in production taxes from county wells: $10.5 million from crude oil and $1.7 million from natural gas. Drilling costs reached $9.1 million for 70 wells, yielding 41 oil wells and 13 gas wells, including four wildcat attempts. Employment in the sector totaled 59,275 in 1974, with payrolls at $877.8 million. Processing plants and refineries add to the economy, per Oil and Gas Journal figures: six refineries capacity 1,080,250 barrels daily. one carbon black plant. 39 petrochemical plants. and five natural gas processing plants at 424 million cf daily.
Governor Briscoe signed House Bill 1924 to create a year round motor vehicle registration system in Texas. Beginning January 1, 1978, twelve monthly deadlines replace one April 1 rush, with pro rata fees and two license plate stickers issued per vehicle.
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