Fair Marketing of Petroleum Products Act, Hearings Before the Consumer Subcommittee..., 93-1, on S. 1599..., S. 1694..., S. 1723..., May 21, 29, and 30, 19731973 - 263 lappuses |
Bieži izmantoti vārdi un frāzes
action administration antitrust barrels per day base period believe bills branded dealers Chairman Chicago Citgo coal committee competition Congress consumer cooperation costs crude oil customers DIBONA diesel fuel distributors District economic energy farmers Federal Trade Commission gasoline marketers GLASSMAN going Government Greenbelt guidelines Gulf HALVERSON hearing heating oil Hicks Illinois important increase independent marketers independent refiners independent stations jobbers legislation LIGON major oil companies mandatory program market demand Midwest million barrels months natural gas needs Office of Oil Ohio Oil and Gas oil shale operations outlets percent Petrofina petroleum industry petroleum products pipeline President priority problem refined product refinery refinery capacity refining capacity require retail secondary brand sell Senator Kennedy Senator Moss Senator SAXBE Senator STEVENSON service stations situation Standard Oil statement suppliers supply Texaco Thank U.S. SENATOR Union 76 voluntary program Waldbaum's wholesale
Populāri fragmenti
187. lappuse - You can get much further with a kind word and a gun than you can with a kind word alone").
229. lappuse - ... mergers under Section 7 of the Clayton Act and Section 5 of the FTCA.
62. lappuse - WASTE" as used herein, in addition to its ordinary meaning, shall include economic waste, underground waste, surface waste, and waste incident to the production of crude oil or petroleum in excess of transportation or marketing facilities or reasonable market demands.
70. lappuse - Summary data pertaining to reserves of crude oil, natural gas liquids, and total liquid hydrocarbons in the United States for the year...
63. lappuse - ... a picture drawn from theory and speculation— it recounts actual circumstances common in the industry before adequate conservation laws came into force. A Typical Example. The Railroad Commission of Texas made an order for the Panhandle fixing the production at 80,000 barrels per day. The evidence showed that if this quantity of oil were produced ratably over the field so that uniform well pressures could be maintained, no physical waste would result. In other words, the field could produce...
166. lappuse - I thank you for the opportunity to be here, and if you have any questions, I would be glad to answer them.
65. lappuse - ... limitation of production to reasonable market demand, is in perfect storage until needed, and is less susceptible to manipulation, cornering, monoply, or other abuses injurious to the public than is oil held in surface storage. Oil produced without waste and held in storage does not increase the amount available to the public over what would have been available if it had remained in the reservoir until needed. With respect to influence on prices, it seems logical to say that the effect is substantially...
64. lappuse - ... producers a market at the prevailing price for their allowable production and thus reduce sales under distress conditions. This again works to the particular advantage of the independent producer. Obviously, the producer who has no market will sell his oil at any price he can obtain rather than try to store it or permit his neighbor to drain it from beneath his land. If there are substantial numbers of producers in such position, this results in the price finally going down to the point where...
64. lappuse - All of this resulted in some properties being entirely closed down; some were producing at a rate considerably below the allowable fixed by the Railroad Commission; some were producing at the allowable; and numerous producers were producing either to capacity or in quantities well above the allowable fixed by the order. This unequal withdrawal and disproportionate taking led inevitably to the dissipation of the gas energy of the pool and to the irregular and accelerated encroachment of water into...
210. lappuse - Act, a violation of any requirement or prohibition imposed under this title shall constitute an unfair or deceptive act or practice in commerce in violation of section 5 (a) of the Federal Trade Commission Act...