Word: wellses
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Dates: during 1930-1939
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Last month when crude oil prices melted down to 22? per bbl. and independent operators clamored for a voluntary shutdown, Governor Murray dug up a half-forgotten Oklahoma law passed in 1915 which prohibited oil production when its sale price dropped below its intrinsic value. On the strength of this...
Early last week the Governor was "ready to shoot." He issued an executive order closing down 3,106 Oklahoma oil wells and proclaimed martial law for 50 ft. around each. Guardsmen were called out to enforce with shot & shell, if necessary, the Murray edict.
Married. Max Baer, 22, heavyweight boxer, loser of a 20-rouncl decision to Paulino Uzcudun last fortnight; and Mrs. Dorothy Dunbar Wells, 38, divorced cinemactress; in Reno. Said she: 'If he insists on following the light game, I'm going to see that he gets the proper in...
Attacked, and immediately counterattacking, was the great $1,282,000,000 Cities Service Co.. led into battle by its wily, picturesque generalissimo Henry Latham Doherty. Some 150 companies form the Cities Service group. Butt of the attack last week was Cities Service Gas Co., formed in 1922 as Empire...
Crude Oil seeped down to new price levels, selling as low as 10? a barrel, with top prices at 22?. Frightened oilmen launched a producers' strike. In Wichita. Kan. independent operators voted to close down about 22,000 wells, declared that prices were under cost of production. In the...