Word: kayser
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Last week Paul Kayser increased his prehumous momentum. The 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...
...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...
Without Waste. Short, grey-haired Paul Kayser, one of few men in the oil and gas industry who is usually called Mr., was born on an East Texas farm. He attended Baylor University at the cut-rate tuition for preministerial students, decided against the ministry, took up law, eventually reimbursed Baylor for the rate cut. As a lawyer in Houston, he worked his way up to the position of top attorney for Texas Financier Jesse Jones. In 1928 he began wondering why El Paso was using costly synthetic gas. while in the Permian Basin, 200 miles away, residue gas from...
...Kayser grew worried about his men hunting gas on the Colorado Plateau while everyone else was panting after uranium. '' "If you didn't want them to get the fever," says Kayser, "you inoculated them with a little of it." The inoculation consisted, of forming a new company, Rare Metals Corp. of America, 55% owned by El Paso, 18% by Western Natural Gas Co. (an I affiliate) and 27% by officers and employees of the companies. Rare Metals opened a mercury plant in Idaho this fall and will have a reduction mill finished in Arizona late next spring...
...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 in a day.' " But the impression never lasts long...