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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (March 14, 1973)
IHE BATTALION Wednesday, March 14, 1973 College Station, Texas Page 5 Oil, Gas Leaders Ask Depletion Allowance Raise J.ABILENE <AP)—Oil and gas executives asked Tuesday for higher prices, a tax break and [less emphasis on environmental safeguards to allow them to cope |with energy problems which, they |said, will be an American way of life for 20 years. ^Several mentioned that Con- ess must restore the old oil Jpletion allowance, which was it from 27.5 per cent to 22 per Int. Oil is so important, said John McLean of Continental Oil Co., that the United States position as a “major world power” will depend during the next 10-15 years on two or three oil-rich counties in the Middle East. The executives of the nation’s biggest and richest oil and gas companies forecast the demand for petroleum products in this country will rise by between five per cent and “slightly over” sev en per cent this year. They said, like it or not, part of that growing demand must be met by imports from overseas because domestic production is losing ground. The executives testified for three hours at the Texas Rail road Commission’s statewide oil allowable hearing, which was scheduled here—for the first time —to get views on the state of the industry. Texas’ oil allowable was main tained at 100 per cent for the 13th consecutive month. The usual exceptions were made to the 100 per cent factor —the mammoth East Texas Field was restricted to 86 per cent production, Kelly-Snyder to 76 per cent and Tom O’Connor to 70 per cent. Several smaller fields were limited to 80 per cent production. McLean said the United States has enough oil, gas, coal, ura nium and shale oil to meet ener gy requirements for 200 years. But, he said, those sources must be developed fast enough to meet requirements for the next 10 or 15 years. He recommended the establish ment of a Cabinet level federal agency to coordinate national ef forts on energy matters, and he said if it takes an “energy czar,” so be it. B. E. Milner, vice president of Atlantic Richfield Co., protested that the cost of delay in produc ing oil from Alaska because of environmental concerns had been “an unacceptably high cost.” At some point, said T. M. Pow ell, vice president of Standard Oil Co. of California, “good sense ceases and fanaticism takes over. The demagogues of this country are crucifying the citizens on the cross of consumerism.” CORNED BEEF brkkct SPECIALS GOOD WED., THURS., FRI., SAT., MARCH 14,15,16,17, 1973 LIMIT RIGHTS RESERVED A round! RATH'S LACKHAWK $ WECARE U.S.D.A. CHOICE BEEF FULL CUT LB. COMPARE OUR QUALITY! CUBE STEAK ;, 5 1 68 BONELESS TOP ROUND STEAKS .^1 58 RUMP ROAST.”:!"" * $ 1 29 BOLOGNA. $.42' SLICED BACON : ,Ni,lii " 0,0 . u .T $95' BONELESS ROUND STEAK.:^™ ^.1 48 SARAH PLASTIC WRAP DELICATESSEN-SNACK BAR COOKED CORNED BEEFSJS* 0 MUENSTER CHEESE KOSHER SAL AM I >!? 1 9 5 BBQ SPARE RIBS= *1 79 DELICIOUS APPLES SHORTENING CRISCO LB. CAN LYSOL SPRAY = 468' SPINACH - 5 . S 1 APPLE SAUCEr - 4a89' SALAD DRESSING” 37' WASHINGTON EXTRA FANCY LBS.^ ONLY x Mcakes CHOCOLATE RED AND GOLDEN BANANAS. -10 C GREEN CABBAGE...“ 10 < GREEN BEANS.“™:. !R . 39 c potatoes 2.$ r 29 < #"r| FDV CALIF. LONG SHANK TENDER OOC CcLtKT LAMBRECHT PIZZAS CHEESE, S PEPPERONI, * SAUSAGE, OR HAMBURGER 12 OZ. BANQUET FRIED CHICKEN LB. PKG. 39 WEST PAC OKRA $ niT ▼ 8 IN. SIZE BAKERY LEMON MERIGUE PIES @0 CHOCOLATE ICED CAKE DONUTS FOR PLAIN OR SEEDED HARD ROLLS FOR ONLY 16 0Z. LOAVES EGG SESAME BREAD EA. LARGE { TWO * LAYER BIN. SIZE EA. BAKED FRESH DAILY IN OUR OWN INSTORI BAKERIES'! HOURS MON. THRU SAT. % A.M. to 12 P.M. SUNDAY 9 A.M. to 10 P.M. TIDE DETERGENT FAM,lYSIZ£ • ■ ‘ ot $ 2 29 AT COLLEGE AVENUE John Olsen, vice president of Sun Oil Co., said he hopes the oil industry will be allowed more access to “high potential areas such as Alaska, and the offshore areas of California, the Gulf Coast and the Atlantic Sea board.” J. K. Warne, executive vice president of Gulf Oil Co., said price controls over primary fuels should be eliminated to aid the industry in developing natural resources. A&MTo Study Big City Life, Human Goals Dallas will be the pilot city for a Texas A&M study to deter mine the relationship between human goals and the quality of life in metropolitan environ ments. The study will be headed by Dr. Charles A. Nickerson under a $10,000 grant from TAMU’s Environmental Quality Program. Dr. Nickerson said the first phase of the project involves de velopment of a numerical index of environmental quality in the Dallas standard metropolitan sta tistical area. Input will be obtained from a large, scientifically selected sam ple of Dallas-area residents, the associate professor of accounting noted, marking the first such an effort has been made to measure environmental quality against standards established by a cross- section of citizens. “An index of environmental quality has potential value to government planners as a guide for the allocation of public re sources and as a tool to assist in the evaluation of individual gov ernmental programs,” Dr. Nick erson explained. He said the interpretations of environmental quality will be made by the persons interviewed. “We will be asking the people themselves what is important,” Dr. Nickerson added. “We want to know what they are thinking. We would expect their responses to include such aspects as health, personal safety and education.” Dallas was chosen for the ini tial study because of its seem ingly typical mix of ethnic groups, he noted. PAWN LOANS Money Loaned On Anything Of Value. 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