Word: fields
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Dates: during 1950-1950
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...year later, Olds and the commission changed their minds. In October 1948 they started proceedings against the natural gas 'affiliate of Phillips Petroleum Co., which has the biggest gas reserves of any independent gas producer, to test their power to fix the price of gas in the field...
...Prices? Opponents of the bill, notably Illinois Senator Paul H. Douglas, argued that the lack of regulation would send gas prices soaring and boost consumers' bills $100 million a year. In answer, oilmen pointed to the record. In the last ten years the price of gas in the field has risen, in some cases quintupled (the price had been so low ten years ago that gas had virtually been given away). Yet the average price of natural gas to residential users had dropped from 70.9¢ per 1,000 cubic feet in 1939 to 63.5¢ in 1948. Even...
...long as the current gas surplus exists, oilmen contended that gas prices, even in the field, would not rise much. Eventually, they probably would. Said Gordon W. Reed, chairman of small-sized Texas Gulf Producing Co.: "Where the price of gas will end, no one can predict right now, but it is definitely going to reach its economic level. Prices to producers in the Southwest could go up another 5/ or 6/ a thousand cubic feet [roughly 55%] without affecting consumers' prices- in the North...
Attackman Bitsy Grant had another field day Saturday when he scored four goals and two assists while leading the freshman lacrosse team to a 7 to 4 victory over Mount Hermon on the Business School field...
Crimson sailor Dick Braisted led his eight-man crew to a final sixthplace position in the two-day McMillan Cup sailing competition at Annapolis over the weekend. Braisted skippered the 42-feet Navy yawl "Active" into third place in yesterday's race after finishing ninth in the field of ten in Saturday's race...