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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
May 17, 1973
Page
3
NASA announced that about 606 employees will have their positions abolished by June 36 and may seek new roles with industries and research organizations needing engineers scientists and skilled technicians. The release urged potential employers to consider eligible NASA staff.
Reeves County well Getty Oil No. 117 State near Toyah plugged at 13 752 feet after planned wildcat attempts. Skelly Oil No. 166 Slaughter in Pecos County posted a 3 567 million cubic feet per day gas flow. Gomez field wells produced oil and gas with various depths and perforations. Elsinore Cattle Co and Walker near Gomez noted significant completions and abandonments. Coastal States Gas Producing plugged DeWitt No 1 at 25 105 feet and Fort Stockton area wells updated.
Veterans at the United Nations predict U.S. Congress will curb presidential powers amid Watergate, signaling reduced American influence abroad. Diplomats from Europe, the Arab world, Latin America and elsewhere debate how far Nixon’s scandal will shift global power, markets, and prestige.
The Texas Railroad Commission kept statewide oil allowable at 100 percent as demand reached 3,811,810 barrels daily for June, up 33,931 from May. East Texas 86 percent, Kelly Snyder 76, Tom O Connor 70 percent, with other fields at 80 percent. Exxon plans to boost Baytown capacity by 350,000 barrels daily.
R D Phillips of Vickers Petroleum Co asserts that higher foreign crude imports worsen gasoline shortages by undermining inland refinery quotas. He says inland refiners hold about 300000 barrels daily of unused capacity because they lack crude oil, while coastal refiners trade import tickets for U S produced oil. This reduces incentives to trade, limiting domestic output and potentially six million gallons of gasoline daily.
The Select Committee on Presidential Campaign Activities begins public hearings with a mandate to expose wrongdoing and propose reforms, beyond legal violations, while grand jury probes pursue law violations. The panel, created Feb 7, 1974, faces scrutiny over secrecy and political aims, vowing not to run witch hunts.
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