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.”
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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.
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