This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Energy crunch hits independent oil groups in Texas
A Texas Austin meeting between independent oil association representatives and the Texas Electric Rural Cooperative Association discussed energy shortages and price controls. Since 1954 the FPC wellhead price cap and lengthy rate hearings reduced drilling, cut supply, and slowed exploration. Independent operators have fallen from over 20,000 to under 10,000 since 1954. Noted figures include Mike Halbouty and William J. Murray.
MENTIONED IN THIS ARTICLE
Independent Oil Association
Texas Electric Rural Cooperative Association
Austin
Supreme Court
Phillips
Federal Power Commission
Mike Halbouty
Wm. J. Murray
The
Permian Basin Petroleum Association