Pipe Lines. Hearings ... on H.R. 16695 ... Feb. 17, 18, 19311931 - Petroleum - 73 pages |
Common terms and phrases
20 companies 66 per cent added American Petroleum Institute amount answer assets barrels of crude barrels of oil big integrated companies bill BOWLES Buckeye Pipe Line buy the oil CHAIRMAN charge coal committee commodities clause common carrier competition crude oil distribution dividends exist facilities filling stations GARBER gasoline going HOCH HUDDLESTON independent producers interest Interstate Commerce Commission investment Jersey Kansas line companies MAPES MERRITT million barrels Mississippi River monopoly NELSON Oil & Gas oil business oil companies oil industry oil produced operating overproduction ownership paid panies PARKS pipe-line companies portation Prairie Oil Prairie Pipe Line produced east purchasing company question railroad company rates raw material RAYBURN refined products refineries regulation retail RITCHIE run to stills sell shipment situation small producer Standard Oil Co storage surplus tank cars tion to-day transportation of oil transporting company understand United witness words WYANT
Popular passages
Page 3 - State, Territory, or the District of Columbia, to any other State, Territory, or the District of Columbia, or to any foreign country, any article or commodity, other than timber and the manufactured products thereof, manufactured, mined, or produced by it, or under its authority, or which it may own in whole, or in part, or in which it may have any interest direct or indirect except such articles or commodities as may be necessary and intended for its use in the conduct of its business as a common...
Page 5 - That the provisions of this Act shall apply to any corporation or any person or persons engaged in the transportation of oil or other commodity, except water and except natural or artificial gas, by means of pipe lines, or partly by pipe lines and partly by railroad, or partly by pipe lines and partly by water, who shall be considered and held to be common carriers within the meaning and purpose of this Act...
Page 3 - From and after May first, nineteen hundred and eight, it shall be unlawful for any railroad company to transport from any State, Territory, or the District of Columbia, to any other State, Territory, or the District of Columbia, or to any foreign country, any...
Page 3 - Be it enacted by the Senate and Souse of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Arms Control and Disarmament Act Amendments in 1975".
Page 4 - Act, or for whom as consignor or consignee, any such carrier shall transport property from one State, Territory, or the District of Columbia to any other State, Territory, or the District of Columbia, or...
Page 6 - When the carrier owns the article or commodity to be transported in whole or in part; (c) When the carrier at the time of transportation has an interest, direct or indirect, in a legal or equitable sense in the article or commodity, not including, therefore, articles or commodities manufactured, mined, produced, or owned, etc., by a bona fide corporation in which the railroad company is a stockholder.
Page 58 - The Standard Oil Co. of New Jersey, the Standard Oil Co. of Indiana, the Gulf Oil Corporation, and the Sinclair Corporation have also carried on exploration and drilling outside the Maracaibo Basin.
Page 5 - common carrier' as used in this Act shall include all pipe-line companies; telegraph, telephone, and cable companies operating by wire or wireless; express com[67l panics; sleeping-car companies; and all persons, natural or artificial, engaged in such transportation or transmission as aforesaid as common carriers for hire.
Page 7 - A carrier which is also a dealer and is in possession of a public franchise has the opportunity to use its great power as a common carrier to discriminate against certain of its shippers with whom, as a dealer in the commodity, it is a competitor. The temptation to so conduct itself is ever present when the carrier owns any considerable portion of the capital stock of corporations who are competitors of its other shippers, especially when such corporations were organized or were financed by the carrier...
Page 7 - That the respondents by means of trackage arrangements and the free transportation to junction points in the mining regions of coal exchanged by their allied coal companies, have extended the advantages of interline transportation to their coal companies to the prejudice of other coal shippers to whom interline transportation at joint rates has been denied. Respondents required to establish through...