Oil Demand Report Flags Rising Inventories and Yields
The report notes continued high supply could push inventories above year ago levels. It highlights December storage gains, critiques refinery yield patterns favoring throughput over distillates, and cites Suez disruptions affecting imports. Domestic crude supply and imports show fluctuations with 1967 figures dipping due to the Middle East crisis.
MENTIONED IN THIS ARTICLE
Aéto Bai
Jar
Patroleum
Chase Manhattan Bank
Unidas
Laser science lights Pan American and American Oil research
Laser applications enter oil field research as Pan American and American Oil test beams in seismic work to filter noise on rock records. Harsh limits handled by Lang and McCollum highlight high temperature chemistry aims and potential fuel improvements, while Alaska surpasses other states in oil output with growing well counts and rising per well yield.
MENTIONED IN THIS ARTICLE
Pan American
Amerigan Oil Research Laboratories
Nice Synthesis
J.D. McCollum
McCollum
Israeli Approval Sought to Demilitarize Al Sonby Bridge
TEL AVIV AP reports a request to demilitarize the Al Sonby Bridge area after a clash involving Jordanian and Israeli forces near the Jordan River. Two Red Cross officials were wounded as crossings and firefights occurred during the incident.
MENTIONED IN THIS ARTICLE
Tel Aviv
Israel
al- Sonby Bridge
Aly Waa
Jordan River
Red Cross
Latvian Court Sentences Three to Death in WWI Murders
A Latvian court sentenced three men to death and two to life imprisonment for murdering thousands of Soviet citizens during World War I, according to a Latvian press report issued Tuesday in Moscow.
MENTIONED IN THIS ARTICLE
Moscow
Haa
Sital J
Oil Firms Study Merger To Blend Sunray DX And Sun
Sunray DX Oil Co of Tulsa and Sun Oil Co of Philadelphia announced an agreement in principle to merge via Sun preferred stock for Sunray DX common stock. Each Sunray DX share would exchange for one Sun preferred share convertible into 0.65 Sun common stock, with redemption possible after June 1, 1975. The plan requires board and stockholder approval and IRS and SEC clearance.
MENTIONED IN THIS ARTICLE
Sunray DX’ Oil Co
Tulsa
Sun Oil ‘Co
Philadelphia
Sunray DX
Sun Oil
Robert G. Dunlop
Sun
Paul E. Taliaferro
Sunray
Sun Preferred
Earposet
Dunlop
Taliaferro
Internal Revenue Service
SEC
Medicare Signup Dates Outlined For Seniors
Medicare signup is open for people 65 and older during January February and March. John G. Hutton, district manager of social security in Lubbock, notes enrollment is available to all 65 plus regardless of exact 65th birthday date. Those who turned 65 after 1965 have three months before and after their birthday to enroll.
MENTIONED IN THIS ARTICLE
John G. Hutton
Social Security
Lubbock
Cherokee Bridge Rebuilt After Floods in Alabama
Colbert County officials report restoration of Alabama's oldest covered bridge at Bridge in Cherokee and near Bridge Creek. The 1820 structure survived floods, maintaining its original appearance as plans detail its historical reassembly.
MENTIONED IN THIS ARTICLE
Ala
Alabama
Colbert
LNG powered vehicles show promise for SDG E fleet
SDG&E and San Diego Gas & ElectricCo are testing liquefied natural gas fueled cars and trucks for one year. The studies aim to cut maintenance costs on high mileage vehicles and reduce air pollutant emissions to less than half California limits. Conversion costs run about 100 dollars per vehicle for the cryogenic tank with current LNG availability limited to six points nationwide.
MENTIONED IN THIS ARTICLE
Ae D Lankard
San Diego, Gas & ‘Electric Co
Sdg&e
Oil and Gas Journal
California
Martin R. Engler Jr
Engler
Ancent
Oil Production Shows Increase in Weekly US Output
The American Petroleum Institute reports total U S crude oil production averaged 9 976 million barrels daily for the week ended Jan 19 up from 5 89 million the prior week and 9 567 million a year ago Domestic stocks rose 3 052 million barrels with foreign crude up 536 thousand barrels Readouts by origin show increases for Oklahoma Arkansas East Texas West Texas Gulf Coast and Louisiana among others with mixed changes elsewhere
MENTIONED IN THIS ARTICLE
Washington
Ameris Lean Petroleum Institute
California
Oklahoma
Arkansas
Inc
East Texay
Weat Texas
Gulf Texas
Other Texas
Northern Louisiana
Gulf Coast
Louisiana
New
Gas Price Growth Reported for 1966 by FPC
The Federal Power Commission reports 1966 interstate natural gas prices rose slightly driven by higher Louisiana field purchases. Average price 16.96 cents per thousand cu ft, up from 16.90. Louisiana fields average 19.23 cents, Canada 23.98, Mexico 17.16. Total gas bought 14.1 trillion cu ft for $1.888 billion. 96 percent from domestic products. Louisiana Texas Oklahoma New Mexico Kansas supplied about 90 percent of interstate flows in 1966.
MENTIONED IN THIS ARTICLE
Washington
Louisiana
Federal’: Power Commission
Canada
Mexico
Texas
Oklahoma
New Mexico
Kansas
Latin American Expansion Plans Amid Petrochemical Growth
Former ambassador Tadoro Moscoso notes U S restrictions on Puerto Rico and abroad expansion targets for 100k. He cites partnership with a Venezuelan firm and LAFTA to grow in Latin America and compete to supply other free world markets.
MENTIONED IN THIS ARTICLE
Puerto “Rico
U.S
Impo
Petrochemcal’ Field
Tadoro Moscoso
Cocro
Bettin ii
Rene
Also Mentioned on This Page
Iport
Suez Canal
Suez
Middle East
U. S
Ray Westbrook
Crites
Harold M. Lang
Westbrook
Om, and Gas Journal
Seward
Cook Inlet
Alaska
Colorado
Montana
North Dakota
Utah
the Journal
Illinois
Pan 2 Ol
Information
Aes Plains - Oic Corp Ay
Medicare
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