Word: cubic
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Dates: during 1940-1949
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...return for the check, Reginald H. Hargrove,* president of the Texas Eastern Transmission Corp., got title to the 1,254-mile, 24-in. Big Inch, and the longer (1,479-mile) but smaller (20-in.) Little Big Inch. Through them, Texas Eastern soon hopes to be pumping 433 million cubic feet of natural gas a day from Texas to the fuel-pinched Northeast...
...back all but $2 million of the $145 million it had spent to build the pipelines. Moreover, the financial legerdemain had created something of benefit to the nation. By finding an outlet for Texas gas, the company would cut down the shocking waste of over 600 billion cubic feet of gas a year now "flared" at Texas and Louisiana oil wells...
...though investors had bought Texas Eastern shares at 67 times the price promoters had paid for their shares, they bought no pig in a poke. With contracts already signed to buy gas at an average cost of 7.6? per million cubic feet, and sell all it could deliver at an average price of 26.7?, Texas Eastern's backers confidently expect to gross $30 to $40 million a year. If they do, they expect that more than half will be operating profit...
Biggest Inch. In Santa Fe Springs, Calif., near Los Angeles, the first gas came from the "Biggest Inch" this week. The 1,200-mile pipeline will carry about 300,000,000 cubic feet of natural gas a day from the Texas Panhandle to the fuel-starved West Coast. The line, built at a cost of $70 million in a record nine months, took its name from the last 214-mile stretch of 30-inch pipe, biggest "high test" pipeline ever laid...
International Harvester was also about ready to tool up the farmer's home. Prominently displayed were deep freezers in two sizes, and the company's latest: an 8-cubic-ft. household refrigerator...