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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Jun 01, 1973
Page
2
AP dispatches report a plunging dollar at European markets and record gold prices amid broad selling. The same cycle touches U S energy strains and policy moves across San Antonio Austin and Washington with shortages and shifts in finance and security.
Coastal Gas Producing Co. halted or reduced gas shipments to about 40 industries from Fort Stockton to Louisiana and from near Austin to the Mexican border amid a gas shortage. Oscar Wyatt, company chairman, met with SEC officials to review actions, with results to be announced.
Readers discuss a retarded child and family, a goulash recipe digression, wedding guidance, and a long report on Coastal States gas cutbacks. The gas shortage affects Southeast Texas coast with 1.9 to 1.5 billion cubic feet daily, hitting Gulf Oil U.S. Refinery and Texas City plants. SEC probe requested by Rep. Gonzales. stock activity noted.
Dr. Jim Cap leads nine industry figures elected to the Permian Basin Petroleum Museum Hall of Fame in Midland. Other honorees include Charles Beyer C J Davidson Morgan J Davis H B Fuqua Howard Hughes Sr Paul Kayser Frank Kelley Ralph Lowe. A dinner is set for September 27 as the museum nears its first building opening.
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