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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Oct 12, 1952

Page

11

Oil Progress Week Kicks Off World’s Largest Event

West Texas and New Mexico host Oil Progress Week highlighting the Permian Basin Oil Show in Odessa from Thursday to Sunday. Up to 100 thousand visitors are expected to inspect 359 exhibits from 200 exhibitors, with free outdoor displays and five show buildings. Notables include Dagwood Bumstead and Blondie acts, Will Osborne, and Buck Bradley. festival features include dances, a 131-foot drilling rig, and a giant barbecue for 15,000.

West Texas New Mexico Permian Basin Odessa Ector County Biondie Dagwood Bumstead Will Osborne Leo Pieper Chuck Wagon Gang Arthur Dagwood W. D. Lane Plymouth Oil Co Midland John Ed Cooper the Western Co Carlos (Cotton) Clover Oil Industry Information Committee Odessa College National Safety Counci Texas Department of Public Safety v-Fox Universal International Paramount Studios Dagwood Blondie Daisy 4 Pups Buck Bradley Suzie Preston Foster Sheila D’arcy Dean Donna Rowe Dawnaires Fulton Lewis Jr America

New Process Hikes U S Benzene Supply

The U S benzene supply, long in short supply, is expected to double as petroleum-based plants come online. Shell Development Co along with its process for recovering benzene helps boost production from about 156 000 600 gallons in 1949 to an equal amount from oil sources. Benzene fuels plastics medicines and synthetic rubber, serving as a key raw material in numerous products.

M. E. Spaght Shell Development Co U. S

Texas Oil Industry Taxes as Barometer for State Services

The Texas petroleum sector provides a large share of state taxes, with 1951 figures showing 35 percent of all state taxes and licenses from oil and gas. Production taxes, ad valorem, franchise, and other levies fund education and welfare programs, including significant shares for the University and Permanent School Funds, state hospitals, and teachers retirement.

Texas Texas Oil and Gas Texas Petroleum Industry Railroad Commission Texas Coro Texas Aid Confiner OF & Ges Association Eobert FC Windfohr Texas Reayens Bhranzh Tayes — Ders Iti Oc Semoee Okie Texas Petroleondustry Texas Public Schools General Revenue Fund University of Texas United States Texas Mid-Continent Oil & Gas Association

Texas refinery and chemical plant expansions rise in 1952 eight months

Texas firms secured 321 defense certificates totaling more than 790 million dollars for eight months in 1952. Pipeline projects led with 305 million, while the petrochemical sector earmarked over 263 million for 70 expansions, including DuPont’s Beaumont site and Union Carbide’s Texas City project.

Texas Petroleum Industry Texas Trunkline Gas Corporation McAllen Tuscola Pet DuPont Beaumont Union Carbide and Carbon Company Texas City Texas Petro-Chemical Texas Gulf Coast Defense Administration

Texas Oil Power Seen Guiding 25 Year Path

Texas holds 56 percent of known U S crude oil and 55 percent of natural gas reserves guiding national energy needs through 1975. The Materials Policy Commission report foresees a 109 percent rise in crude oil demand and a 142 percent rise in natural gas, driven by doubled energy needs and expanded fuel use across transport and heating sectors. It urges maintaining depletion allowances to spur drilling and notes strong gas market forces will shift uses toward higher value applications while petrochemical demand grows slowly.

Texas United States Texas Oil and Gas Industry DPA Materials Policy Commission Texas Mid-Continent Oil & Gas Association U.S Commission Texas Oil

Petroleum Research Spends $130 Million in 1952

The oil industry will invest about 130 million dollars in research in 1952, up from 120 million in 1951, per Universal Oil Products Co. director Dr. Gustav Eglogg. The Permian Basin Oil Show will feature over 350 oil worker exhibits, with family entertainment tickets at 2 dollars and free show grounds.

Isecone Gustav Eglogg Universal Oil Products Co Comefort Amerecia

First Permian Basin Oil Show Planned for 1950

In spring 1949 Preston Kors then Chamber of Commerce manager discussed launching the Permian Basin Oil Show with local business leaders. They decided not to start in 1949 and set the first event for fall 1950.

Preston Kors Chamber of Commerce

Permian Basin Oil Show Opens in Odessa Revival

The Permian Basin Oil Show, a non-profit regional effort, began in Odessa in October 1950 as a revival of the prewar Little International Oil Show.

Permian Basin Odessa

Prize Offered for Breakthrough in Recovering Texas Oil

Texas oil men face tough recoveries as vast reservoirs remain locked underground. Industry leaders cite Corsicana and Spraberry as prime examples, with water flooding boosting Corsicana output 35 fold to 175000 barrels per quarter. Researchers pursue fracturing and imbibition to free oil in tight Spraberry sands.

Texas Charles E. Simons Texas Mid-Continent Oil & Gas Association Corsicana Spraberry Scurry County Anton-Irish University of Texas Simons Texas Oil Mississippi West Texas

Also Mentioned on This Page

Cid Ir Qsties Comencratiaknd South Plains George T. Prigmore Shell theSeycee Er Oma Smarking Vinorcive Slade Travis Campavisan Sheermasyrs Obe Bentene Petroveum Crarkine Tessras Ty Omateria George E. Holbrook Mid-Continent Oil & Gas Association Petroleum Research Comppany Canyon Reef Diamond Mand Kelley- Snyder Kirk Eastland Comanche Lubbock Crane County
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