Elk Hills Oil Output Adds to California Woes
Taft California May (New York Times) Elk Hills Petroleum Reserve, opened after the Arab embargo, now faces uncertainty after a deadly fire and debates over production. Officials say 128000 barrels daily, with plans to expand delayed. Critics urge halting output to guard a strategic reserve as Alaska oil floods markets. President Carter seeks to curb full production, citing energy needs and price concerns.
MENTIONED IN THIS ARTICLE
Steven Ratiner
New York Times
Taft
Calif
Elk Hills
Here
Congress
America
Cmdr
Roger Martin
Hills
Teapot Dome
Elk Hills oil project advances amid political delays
Congress privately blocked the legislation, yet a $505 million Elk Hills development proceeds with a new building, pipelines, and storage facilities. Eleven rigs work on the reserve, two drilling deep below 20,000 feet, while pipeline routes to Teapot Dome‑like markets draw debate. Prices for heavy oil lag, unsold stock grows, and workers fear layoffs despite a near thousand‑strong workforce.
MENTIONED IN THIS ARTICLE
Liams Brothers Engineering Companies
Navy
Department of Energy
Congress
Elk Hills
California
Market for small cars booms in used market
Used small cars surge after Carters energy message, while big and mid sized cars stay stable. Industry observers note strong overall market with demand still present for clean large used cars despite a shift toward compact models. Dealers in Denver Houston Taylor report continued big car activity and weekly auctions attracting hundreds of buyers.
MENTIONED IN THIS ARTICLE
Detroit
Carter
Clyde Hillwig
Automotive Market Report
Pittsburgh
Hillwig
Hiram Reachum
Houston
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San Joaquin Valley
United States
Prudhoe Bay
Valdez
Pacific Coast
Standard of Co. of
Wil
Fedamis
Sleee
Texas
Sponse iv
Standard Oil Co. of Ohio
Sohio
Eavier
Martin
Wyo
Leroy Lackey
Hillwis
Mike Weiss
Colorado Auto Aucion
Denver
Weiss
Aptea Auto Auction
Taylor, Mich
Chile Belleno Mexicana Ltd
Green Cate
Coen Lortillos
Long Beach
Cherry
Renady's ,Clothing
Southwick
Mercedes- Benz
Palmer
Atantic
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