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Move for Bigger State Cut on Oil Pools
In Sacramento a dispute over greater state royalties on oil lands and tidelands dominated a three hour assembly debate. Bills seek a 16 percent state royalty with sliding scales leading to higher payouts. Shell favored version argues for mandatory sliding scales while opponents warn of smaller producers being priced out. Senate approved related measures and sent the package to the assembly amid lobbying from Shell and Superior Oil.
MENTIONED IN THIS ARTICLE
Sacramento
Fubu
California Tidel Anda
Senate
Assembly
Jesse Unruh
Gle
Allen
al Oil Co
Joseph
Shell
Los Angeles
Ate Miller
D-San_ Francisco
VU. S
Bruce Allen
R-San Jove
Tidelands
Allen and Millershe
Superior Oil
Monroe T
Butler
Harold Morton
Richfield
Miller
Allen and Miller
Eaining
Standard and Tumble
Eeranentes Jon Relay Silling
Ahita