Texas approves limited advertising charge on gas rates
Texas regulators allow gas utilities to count up to 0.2 percent of gross revenues for advertising in rate requests. Pioneer had sought 0.5 percent for ads and charitable contributions. Critics warned against political or wasteful spending while supporters argued advertising helps cut costs for customers.
MENTIONED IN THIS ARTICLE
Austin, Texas
Texas
Texas Railroad Commission
Pioneer Natural Gas Co
Amarillo
Tom Hill
Chicago transit strike enters its second day
Chicago transit workers remain off the job for a second day, disrupting commuting for about a million and hurting downtown merchants. ATU leader Maroney calls the walkout a bylaws violation while Local 241 pushes to continue. CTA sues for $500000 daily damages and seeks arbitration. judge O'Brien denies venue change and disqualification.
MENTIONED IN THIS ARTICLE
Chicago
Daniel V. Maroney Jr
Amalgamated Transit Union
Chicago Transit Authority
ATU
Maroney
Cook County
Daniel O’brien
CTA
Circuit Court
O’brien
Timothy O'Mahoney
Japan restricts Iranian oil buys while avoiding sanctions
In Tokyo, Prime Minister Ohira and Foreign Minister Okita told U S treasury official Robert Carswell that Japan has cut spot purchases of Iranian crude aimed at the United States. Carswell said he was encouraged Japan would help defuse the Iran crisis, though Tokyo indicated it would be difficult to join economic sanctions. The move comes as the United States boycotts Iranian oil to pressure Tehran over hostages held since November.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
U.S
Iran
Robert Carswell
U.S. Treasury
Masayoshi Ohira
U.s.iran
Ohira
Saburo Okita
Carswell
United States
Tehran
Basin Drilling Progress Across Texas Fields
A list of oil and gas drilling results shows multiple operators and surveys across Texas counties. Notable wells include Exxon Corp Nos 1 Clifford and 1 Longfellow in Pecos and deeper drillings like Getty Oil No 1 Madera in Loving and Serf Ranch No 19 Hunt Energy in Reeves. Other entries cover Crown Central No 1 Eckels in Dawson and Gordon- area activity at Midland Farms, Madre Grande and University prospect names.
MENTIONED IN THIS ARTICLE
Andrews — Amoco Production Co
AK Midland Farms
Brewster — Texas Pacific Oil Co
Madre Grande
Crockett — Sioux Natural Gas Corp
University
Dawson — Crown Central Petroleum Corp
Eckels
Ector — Maddox Energy Corp
A Edwards
Gaines — Tri-Service Drilling Co
Birge
Pecos
Exxon Corp
Clifford
Longfellow
Hunt Energy Corp
Serf Ranch
Monsanto Co
Thigpen
Wildcat Drilling Plans Hit Texas Fields in Four Counties
Kelloil Inc of Fort Worth will drill No 1 Jones a 6700 foot wildcat in Borden County nine miles northwest of Gail. Fillingim Oil plans 11300 foot wildcat in Lynn County seventeen miles northwest of Tohoka. Mobil Oil Corp of Houston to drill No 1 John B O Reilly a 5400 foot well in Gaines County eighteen miles northwest of Seminole. Vann Energy will drill No 2 Ector County Airport a 6300 foot wildcat in Ector County two and a half miles east of Odessa.
MENTIONED IN THIS ARTICLE
Kelloil Inc
Fort Worth
Jones
Borden County
Gail
H&tc Survey
Hood
Lynn County
Tohoka
Mound Lake
Mobil Oil Corp
Houston
John B. O'Reilly
Gaines County
Seminole
D&w
San Andres
Vann Energy Inc
Ector County
Odessa
T&p
Foster San Andres
Offshore lease bid opening set for Georges Bank sale
Providence AP report says a Supreme Court justice allowed the offshore oil and gas lease sale to proceed after earlier halts, with bids sealed until at least 1 p.m. and acceptance through 9:30 a.m. The Georges Bank tracts lie 63 to 157 miles off Cape Cod and the sale faces ongoing legal challenges by Massachusetts officials and environmental groups.
MENTIONED IN THIS ARTICLE
Providence
R.I
Georges Bank
Supreme Court
State of
Brennan
U.S. Interior Department
Larry Parnell
Massachusetts
Francis X. Bellotti
Bellotti
Federal
Boston
Conservation Law Foundation of
New England
Cape Cod
U.S
John J. McNaught
The
Conservation Law Foundation
McNaught
US Supreme Court
Appeals Court
Also Mentioned on This Page
Anbarli
Istanbul
Turkey
Smergvy
Jack Hopper
Electric Consumers of Texas, Inc
Acorn — Association of Community Organizations For Reform Now
Plainview City
Tom Almon
Hopper
Pioneer
Scott and White of Temple
United Way
Chambers of Commerce
Texas Christian
Abilene Christian
Entex, Inc
Plano Ymca
Southern Union Gas Co
Texas Association of Broadcasters
Entex
Paul Plunkett III
Public Utility Commission
Hill
Iinterest
First Savings Ira
IRA
Keogh
Federal Savings and Loan Insurance Corporation
A and Keogh
Judi Howington
East 8Th Street
East 7Th Street
Westside
West County Road
Winwood Mall
East
42Nd Street
Howse
Permian Basin
Hockley
NB Hunt
No. 13
Slaughter
Irion
C&k Petroleum
Noelke
Loving — Getty Oil Co
Madera
Reeves — Gulf Oil Corp
Ligon State
Scurry
Dorchester Exploration
Tom Green
NRM Petroleum Corp
Ward — Getty Oil Co
Winkler — Getty Oil Co
Yoakum — Samadan Oil Corp
No. 1
National Association Security Dealers
Gaisceescer
Nsouthwestern Life
XAS American Oil
Fure
Yore Y Bancorp
Tipperary Land Co, ccc
Stewart & Stevenson
Xerox
Savin
Savin Corporation
Xerox Corporation
Brentwood
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