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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Dec 23, 1956
Page
9
Fragmented OCR lists sections, townships, and acreage references across a Plains region survey. The document cites specific blocks, distances, and land parcels tied to various companies and individuals, reflecting mapping, ownership, and subdivision details.
Magnolia Petroleum Company announced plans to build a large crude oil distillation unit in Beaumont. The plant aims to expand capacity at the Beaumont refinery and produce high quality lubricants, with an estimated cost of several million dollars.
Fragmented OCR lists survey points, elevations, and parcel references from multiple townships including Fluvanna and Yoakem County. It also notes a December 22 payroll of over $3 million for New York City police fire and corrections overtime, averaging about $80 per man, retroactive to Sept 1.
Sahara Petroleum Company along with Continental OM Co plans to resume Egypt operations within weeks after suspending last October due to the Suez crisis. The employee retirement plan will adopt a new benefits ratio of 60 cents, 80 cents, and dollar per dollar across 10, 20, and over 20 years.
Independent refiners in the United States demand government action to guarantee a slice of profits from selling crude and gasoline to Europe amid Suez disruptions. They warn Congress and officials that without support, many independents face closure while Europe seeks American fuel and crude to stabilize supplies.
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