Word: cued
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Federal Power Commission authorized El Paso to go into a $194 million expansion program, including construction of a 413-mile pipeline from Colorado and New Mexico's San Juan Basin to the Arizona-California border. The program will increase the El Paso system deliveries by 455,175,000 cu. ft. of natural gas a day to serve more customers in California, Arizona, Nevada, Texas and New Mexico. Part of the gas will come indirectly from Canada, through a deal (also authorized by FPC last week) in which Westcoast Transmission Co. of Canada will pipe 300 million cu...
...Paso needs more gas. It already sells, on peak days, more than 2 billion cu. ft. of gas (of which it produces 200 million itself), in markets that, says Kayser, are "sopping it up like a blotter." In total assets in 1954, El Paso ranked second among gas-pipeline companies to Tennessee Gas Transmission Co. Kayser himself, in the eyes of many gas men, ranks second to none. Says a Pacific Northwest man: "If this industry, spread out the way it is and always fighting within itself, can look on any one man as its spokesman, Mr. Kayser...
...postwar years to divide up the rich Eastern market, El Paso poked a line westward and ended up with most of California to itself. The huge Pacific Gas & Electric Co., which until 1950 had used only California natural gas, now gets two-thirds of its gas (1.4 billion cu. ft. a day) from El Paso...
...Paso now owns some 5 trillion cu...
...reserves. Its gas sales are up from some 5.4 billion cu. ft. in 1930 to 645.4 billion last year; its net income has climbed from $282,500 to more than $12.3 million. It has made itself ready for expansion by drilling and then capping gas wells all over the Southeast. Yet not even this is enough for quick-thinking Kayser; things seldom move fast enough for him. "Sometimes," he once confided to a friend in a quiet moment, "I go over and take a trip through Carlsbad Caverns and think. 'This wasn't built...