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California to appeal oil price controls ruling for fair value
California will press to obtain fair market value for crude from state fields. State Lands Commission backed by State Controller Flournoy orders Atty. Gen. Younger to appeal a federal ruling reversing Energy Office price controls. Estimated daily revenue loss and city costs highlighted as public resource concerns loom large.
MENTIONED IN THIS ARTICLE
Sacramento
California
State Lands Commission
Houston J. Flournoy
Commission
Evelle Younger
Court of Appeals
U.S
Jesse W. Curtis
Federal Energy Office
Flournoy
FEO
State of California
Long Beach
John Mansell
Tidelands
Warren J. Abbott
Younger
U.S. Supreme Court