Union Oil chief blasts state royalty loophole in tidelands oil
Union Oil President Free L. Hartley blasted the royalty loophole that exempts government bodies from price controls on tidelands oil. He warned Long Beach and the state waste money on projects like the Queen Mary and urged restoring royalty oil price controls. Hartley criticized the State Lands Commission for high postings and predicted potential state windfalls, while noting education and water projects fundTid elands revenues.
MENTIONED IN THIS ARTICLE
Union Oil Co
Free L. Nartley
Long Beach
Louis Possner
Hartley
Los Angeles
California
State Lands Commission
Sapshot
Tidelands Oil
State Con Lseller
Houston Flournoy
Federal Energy Office
Sacramento
Ed Gladish
Gladish
Charles Sutton
Edison Co. Faces Fuel Allocation Shortfall
Edison Company warns it will lose 1.1 million barrels of oil this month under the federal fuel allocation system affecting utilities. The loss could raise costs for customers later, while DWP reports a 25 percent cut in February demand but gains from curtailment and surplus hydro power. Officials cite ongoing fuel shortages, easing later-year risk, and efforts to import oil at high prices to sustain operations.
MENTIONED IN THIS ARTICLE
Southern California Edison Co
Edison
Tem
Federal Energy Office
Los Angeles
Pacific Northwest
Osborne
DWP
Venezuela
Peru
John. Sawhill
New England
California
Vernon L. Sturgeon
Public Utilities Commission
Sawhill
Oil firms in court plea on records
Five major oil companies and a California legislative subcommittee met in a closed session to seek a settlement over subpoenas for confidential business records. Judge William Gallagher presided as the hearing continued, with no details disclosed. The subcommittee, led by Assemblyman Kenneth Cory, aims to assess whether oil pricing in tideland crude sales reflects fair market value and whether monopolistic conditions affect prices. The attorney general said he would request the same and more information to aid the inquiry.
MENTIONED IN THIS ARTICLE
Sacramento
Superior Court
William Gallagher
Kenneth Cory
Garden Grove
Tidelands
Busipens
Evelie Younger
Cory
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Brarod
Santa Monica
Linda Christensen
AP Wirephasa
Union Oil
T. M. McDaniel
Fred L. Hartley
The
Washington Post
New York Times
Our
Little
Los Angeles Times
Maryland
Towson, Md
Baltimore County
Samuel 4. Green Jr
J.M. Ncdaniel
I. Bailey NG
LINEX
Ind
Broadway
New York
N.Y
Sayet
Long Beach Arena
FBI
Bargain Matinee Sara
SUN
Clay
USA
Redford
Jeremiah Johnson
Oss
Paul Newhan
Uudoe
OFEN
Rey Va Wee Prete
Cinderella
Liberty
Deluxe
Panavision
Mansha Mason
Mall Times
Black Belt Jones
Osean Wiliams
Fred Ntr
ANH Earwrutasant
Tabend
Incre Cohit Arms
Yence
Long Aten Co.rit
Cann Bae
Busch Gardens
Oh Gardens
San Fernando Valley
San Diego
Roscoe
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