To Amend the Interstate Commerce Act as to Pipe Lines: Hearings Before a Subcommittee...on S. 3754...May 29, June 3, 13, 1940 |
From inside the book
Results 1-5 of 53
Page 4
... concerned , will tend to stabilize existing conditions and prevent the construction of unnecessary or parallel lines which , without any reasonable hope of profitable operation , would become a burden to the public . A similar provision ...
... concerned , will tend to stabilize existing conditions and prevent the construction of unnecessary or parallel lines which , without any reasonable hope of profitable operation , would become a burden to the public . A similar provision ...
Page 11
... concerned . In 1931 there were 15,658,462 barrels of gasoline transported by pipe line , and that had increased to 65,116,820 barrels in 1938. There had been a substantial growth in the movement of crude ; but , of course , the ...
... concerned . In 1931 there were 15,658,462 barrels of gasoline transported by pipe line , and that had increased to 65,116,820 barrels in 1938. There had been a substantial growth in the movement of crude ; but , of course , the ...
Page 27
... concerned about , the owner of the gasoline and the pipe line . They will not permit independent trucks to get the gasoline by transport trucks from their storage tanks . Question . Have you ever thought to ship gasoline by one of these ...
... concerned about , the owner of the gasoline and the pipe line . They will not permit independent trucks to get the gasoline by transport trucks from their storage tanks . Question . Have you ever thought to ship gasoline by one of these ...
Page 28
... concerned , I have been connected with the petroleum industry since 1911 , spend- ing 15 years with the Standard Oil Co. of Indiana , 2 years with the Sinclair Re- fining Co. , approximately 3 years with the Marthon Oil Co. , which is ...
... concerned , I have been connected with the petroleum industry since 1911 , spend- ing 15 years with the Standard Oil Co. of Indiana , 2 years with the Sinclair Re- fining Co. , approximately 3 years with the Marthon Oil Co. , which is ...
Page 29
... concern the two largest gasoline carrying pipe lines of the country . One of these is 100 percent owned by one of the largest majors . This major , with some seven others , owns the other of these two great pipe - line companies . These ...
... concern the two largest gasoline carrying pipe lines of the country . One of these is 100 percent owned by one of the largest majors . This major , with some seven others , owns the other of these two great pipe - line companies . These ...
Common terms and phrases
Atlantic average benefit built cents per gallon certificates of convenience charges class I railroads committee common carriers competition construction consumer convenience and necessity cost crude oil decline East Texas EASTMAN eminent domain extensions fact form of transportation freight rate gasoline pipe lines gathering lines GILL Gulf Interstate Commerce Act Interstate Commerce Commission investment JOHNSON of Colorado Kansas KERR legislation McGRATH mileage miles motor carriers movement oil field oil industry oil pipe line Oklahoma operation percent petroleum industry petroleum products pipe-line companies pipe-line rates pool portation ports present public convenience question rail rates railroads Railway record reduced reference refined products regulation revenue Senator JOHNSON Senator REED Senator SCHWARTZ ship shippers shows Shreveport Standard Oil Standard Oil Co statement stripper subcommittee tank cars tank trucks tariff taxes testimony tion tonnage traffic trans trucks trunk lines Tulsa
Popular passages
Page 91 - Departments, the Bureau of Marine Inspection and Navigation of the Department of Commerce, and other government departments and agencies which are engaged in activities related to the operation of shipping.
Page 9 - Act over or by means of such additional or extended line of railroad, unless and until there shall first have been obtained from the Commission a certificate that the present or future public convenience and necessity require or will require the construction, or operation, or construction and operation, of such additional or extended line...
Page 10 - ... project works necessary or convenient for the development and improvement of navigation and for the development, transmission, and utilization of power across, along, from, or in any of the...
Page 2 - Any construction, operation, or abandonment contrary to the provisions of this paragraph or of paragraph (18) or (19) of this section may be enjoined by any court of competent jurisdiction at the suit of the United States, the Commission, any commission or regulating body of the State or States affected, or any party in interest...
Page 1 - The application for and issuance of any such certificate shall be under such rules and regulations as to hearings and other matters as the Commission may from time to time prescribe, and the provisions of this Act shall apply to all such proceedings.
Page 2 - The new company then successfully applied to the Interstate Commerce Commission for a certificate of convenience and necessity...
Page 6 - 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 5 - It recognized that preservation of the earning capacity, and conservation of the financial resources, of individual carriers, is a matter of national concern; that the property employed must be permitted to earn a reasonable return; that the building of unnecessary lines involves a waste of resources; and that the burden of this waste may fall upon the public; that competition between carriers may result in harm to the public, as well as in benefit; and that, when a railroad inflicts injury upon...
Page 7 - ... to carry any oil unless the same was sold to it or to them and through them to it on terms more or less dictated by itself. In this way it made itself master of the fields without the necessity of owning them and carried across half the continent a great subject of international commerce coming from many owners but, by the duress of which the Standard Oil Company was master, carrying it all as its own.
Page 5 - Congress undertook to develop and maintain, for the people of the United States, an adequate railway system. It recognized that preservation of the earning capacity, and conservation of the financial resources, of individual carriers is a matter of national concern...