Word: tidelands
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
CUBAN OIL will get a big push from Standard Oil Co. (Indiana). Standard has earmarked $10 million to drill in 12 million acres of south Cuba's coastal land and tideland, will own a permanent half-interest in any productive wells it brings in after spending the total...
CALIFORNIA TIDELANDS will soon get a bigger play from oil companies. Under a new bill signed by Governor Goodwin Knight, companies may drill from piers and barges, can lease most of California's 2,000,000 tideland acres on a cash-bonus-plus-royalty (a minimum 16 2/3% of production on proved offshore lands, 12½% on unproved fields) basis. Most exploration up to now has been by slant drilling from the shore...
...Tidelands is as fighting a word in Texas as Alamo was more than a century ago. Texans feel that the U.S. Government is rustling them out of their birthright. Texas was a sovereign nation which entered the Union voluntarily, and by the terms of the annexation agreement of 1845, she was allowed to retain control of her public domain, which, Texans say, stretches 10½ miles out into the Gulf of Mexico. Other coastal states claim the offshore oil under general provisions of the U.S. Constitution. The fact that Texas tidelands as yet have produced practically...
While I recognize the pressure group implication in the Senate vote on the tidelands oil issue, I should like to call to your attention the actual Senate debate and the issues raised therein. I happened to be present in the gallery on the afternoon the issue was raised and heard Senators Ives, Knowland, Nixon, Lehman, and Taft all speak on behalf of the states. In particular, Senator Ives read a letter from Mayor Impelliteri to President Truman in which the New York solon pointed out how other waterfront state activities such as the Port of New York would be jeopardized...
...water states kept up their fight, and understandably: Texas in one year got $14 million for school money from tideland royalties. Oil interests sided with the states: they liked the leases they already had, found state legislatures easier to deal with than the Federal Government, and had a well-grounded dislike of federal regulation. Last week, by a vote of 265 to 109, the House whooped through the Walters bill, so neatly contrived and so solidly directed against the tendency of the Federal Government to grab everything in sight that many a land-locked Congressman found it hard to resist...