American Petroleum Institute, Oil Industry Background Information Bulletin, John W. Boatwright, "Number 21; Reasonable Market Prices; An address...at the 80th Annual Meeting of the American Bar Association" Booklet, 1957-07-12

Item — Box: 24, Folder: 9

Staff Only

Scope and Contents

From the Collection:

This collection contains papers, relating to Ben Graves' life and his time spent as President of various universities.

Dates

Creation: 1957-07-12

Creator

From the Collection: Graves, Ben (Person)

Conditions Governing Access

This collection is open for research in the Archives & Special Collections reading room. Handling guidelines and use restrictions will be communicated and enforced by archives staff members.

Extent

From the Collection: 26 Linear feet

Language of Materials

From the Collection: English

Additional Description

Abstract

"SUBJECT: A careful analysis, by a noted oil economist, of reasons why he believes any attempt to apply a "cost of service" yardstick to natural gas production and prices cannot succeed. After stating that competition in a free market is the best price determinant, but that this power has been given instead to the Federal Power Commission, the author discusses the Harris-O'Hara bills, now pending in Congress. These bills, he feels, can provide a fairly satisfactory method of determining reasonable natural gas prices at the wellhead."