Word: gas
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Dates: during 1970-1979
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...outset, Mexican gas will cost the U.S. $3.625 per thousand cubic feet, the equivalent of $21 per barrel for crude...
...officials said Canada is likely to review its price for gas exports to the United States because the Mexican price is higher. They said the Canadian price could go to $3.30 or higher...
Although the price for Mexican gas will be higher than what U.S. companies now pay for Canadian gas, Julius Katz, assistant secretary of State, siad yesterday the higher price would be "hardly noticeable" because it will represent only 0.5 per cent or U.S. consumption...
...White House said the agreement "gives the Mexicans fair value for their gas while providing United States consumers with an additional gas supply at a price that is competitive with alternative fuels...
...officials said they viewed the agreement as significant because its establishes rules for U.S. access to Mexican gas reserves, believed to be among the largest in the world...