Emergency Oil Lift Program and Related Oil Problems. 85-1 |
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Page li
... Texas Company increased the rate of return after taxes from 15.5 percent in 1954 to 16.5 in 1955. This reflects foreign as well as domestic investment . 3 . Posted their crude price increase on January 7 , retroactive to January Senator ...
... Texas Company increased the rate of return after taxes from 15.5 percent in 1954 to 16.5 in 1955. This reflects foreign as well as domestic investment . 3 . Posted their crude price increase on January 7 , retroactive to January Senator ...
Page 4
... Texas Co. Assets Dec. 31 , 1955 $ 7 , 164 , 105 , 000 2,361 , 912 , 000 2 , 160 , 821 , 000 2 , 114 , 576 , 000 1,855 , 610 , 000 1,250 , 125 , 000 1,094 , 741 , 000 Gross income ( ( sales ) $ 6 , 272 , 441,000 1,720 , 998 , 000 1,895 ...
... Texas Co. Assets Dec. 31 , 1955 $ 7 , 164 , 105 , 000 2,361 , 912 , 000 2 , 160 , 821 , 000 2 , 114 , 576 , 000 1,855 , 610 , 000 1,250 , 125 , 000 1,094 , 741 , 000 Gross income ( ( sales ) $ 6 , 272 , 441,000 1,720 , 998 , 000 1,895 ...
Page 50
... Texas . It is interesting to note that in the State of Oklahoma the o authority there , and the oil authority in New Mexico , raised no ques- tion at all about increased production . And I think there have beer some increases in ...
... Texas . It is interesting to note that in the State of Oklahoma the o authority there , and the oil authority in New Mexico , raised no ques- tion at all about increased production . And I think there have beer some increases in ...
Page 79
... Texas ? Mr. WORMSER . That is the largest single source of oil in the United States , the State of Texas , and the production is controlled , as you know , sir , by the Texas Railroad Commission . Senator BARRETT . Yes . I understand ...
... Texas ? Mr. WORMSER . That is the largest single source of oil in the United States , the State of Texas , and the production is controlled , as you know , sir , by the Texas Railroad Commission . Senator BARRETT . Yes . I understand ...
Page 137
... Texas , in the light of their own problems , would do what they felt would be helpful to us in our own overall problem of carrying out the President's wishes of getting more oil to Europe . Mr. MCHUGH . Did the United States or the ...
... Texas , in the light of their own problems , would do what they felt would be helpful to us in our own overall problem of carrying out the President's wishes of getting more oil to Europe . Mr. MCHUGH . Did the United States or the ...
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Common terms and phrases
25 cents Admiral LATTU amendments antitrust laws approved Attorney August BAKER barrels per day Chairman cost COZZENS crude oil Defense Mobilization Defense Production Act Department domestic East Emergency Committee effect Federal Trade Commission FLEMMING Florida FOLEY Foreign Petroleum Supply FOWLER fuel oil gallon gasoline Government Gulf Oil Corp HANSEN imports Interior January McHUGH MEEC meeting ment Middle East Emergency MOLINE National Petroleum Council OEEC Office of Defense Oil and Gas oil companies oil prices oil products operations percent petroleum products pipeline plan of action posted price President price increase price of crude problem question record refineries request ROBINEAU schedule Secretary SEATON Senator BARRETT Senator CARROLL Senator DIRKSEN Senator KEFAUVER Senator O'MAHONEY shipments shortage Standard Oil statement steam plant STEWART Subcommittee Suez Canal Suez crisis tanker testimony Texas Texas Railroad Commission tion transportation United Venezuela voluntary agreement Western Europe WORMSER
Popular passages
Page 301 - Except as otherwise provided in this contract, any dispute concerning a question of fact arising under this contract which is not disposed of by agreement shall be decided by the Contracting Officer, who shall reduce his decision to writing and mail or otherwise furnish a copy thereof to the Contractor.
Page 293 - Secretary, and the decision of the Secretary or his duly authorized representative for the hearings of such appeals shall, unless determined by a court of competent Jurisdiction to have been fraudulent or capricious or arbitrary or so grossly erroneous as necessarily to imply bad faith, or not supported by substantial evidence...
Page 302 - Contractor further agrees to include in all his subcontracts hereunder a provision to the effect that the subcontractor agrees that the Comptroller General of the United States or any of his duly authorized representatives shall, until the expiration of three years after final payment under the subcontract, have access to and the right to examine any directly pertinent books, documents, papers, and records of such subcontractor, involving transactions related to the subcontract. The term "subcontract...
Page 293 - Congress heretofore or hereafter enacted. Subject to the foregoing this contract shall be deemed to contain all the provisions required by Section 104 of the Renegotiation Act of 1951* and by any such other act, without subsequent contract amendment specifically incorporating such provisions. (b) The Contractor agrees to insert the provisions of this clause, including this paragraph (b), in all subcontracts* as that term is defined in section 103g of the Renegotiation Act of 1951, as amended.
Page 302 - The rights and remedies of the Government provided in this clause shall not be exclusive and are In addition to any other rights and remedies provided by law or under this contract.
Page 250 - Property does become clothed with a public interest when used in a manner to make it of public consequence, and affect the community at large. When, therefore, one devotes his property to a use in which the public has an interest, he, in effect, grants to the public an interest in that use, and must submit to be controlled by the public for the common good, to the extent of the interest he has thus created. He may withdraw his grant by discontinuing the use; but, so long as he maintains the use,...
Page 301 - The decision of the Secretary or his duly authorized representative for the determination of such appeals shall be final and conclusive unless determined by a court of competent jurisdiction to have been fraudulent, or capricious, or arbitrary, or so grossly erroneous as necessarily to imply bad faith, or not supported by substantial evidence.
Page 60 - It is the intention of the Congress that the President shall use the powers conferred by this act to promote the national defense, by meeting, promptly and effectively, the requirements of military programs in support of our national security and foreign policy objectives, and by preventing undue strains and dislocations upon wages, prices, and production or distribution of materials for civilian use, within the framework, as far as practicable, of the American system of competitive enterprise.
Page 307 - D has not, paid or agreed to pay any company or person (other than a full-time bona fide employee working solely for the bidder) any fee, commission, percentage or brokerage fee, contingent upon or resulting from the award of this contract; and agrees to furnish information relating...
Page 301 - The foregoing Indemnity shall not apply unless the Contractor shall have been informed as soon as practicable by the Government of the suit or action alleging such Infringement, and shall have been given such opportunity as Is afforded by applicable laws, rules, or regulations to participate In the defense thereof; and further, such...