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United Gas Corporation was a major oil company from its inception in 1930 to its hostile takeover and subsequent forced merger with Pennzoil in 1968. [6] [7] [8] Headquartered in Shreveport, Louisiana, United and its major subsidiaries, Union Producing Company, United Gas Pipeline Company, Atlas Processing, UGC Instruments, and Duval Mining, performed integrated exploration, production ...
The pipeline was formerly owned by the United Gas Pipe Line Company, a subsidiary of United Gas Corporation. [2] Over the years, United Gas Pipe Line was acquired by a number of companies: Pennzoil (1965), MidCon Corporation (1986), LaSalle Energy Corporation (1987) and Koch Industries (1992).
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The FPC at first only regulated the price at which pipelines sold gas to utilities and industry, but later put limits on the wellhead price of gas sold to an interstate pipeline. Gas producers challenged the controls, but lost in the Supreme Court in Phillips Petroleum Co. v. Wisconsin (1954).
He worked his way through the ranks of the United Gas Corporation, starting with what would become a company subsidiary in 1928. After several promotions, he was named president of United Gas Pipeline Company and Union Producing Company. He was named president and CEO of the parent corporation, United Gas, in 1958. [1]
A U.S. appeals court on Friday tossed out several natural gas pipeline safety standards adopted by President Joe Biden's administration following industry criticism about the massive costs on ...
That means the pipeline would provide as much gas as 27.88% of North Carolina’s total natural gas usage from 2022, including power generation, industrial use and residential use.
The US natural gas pipeline system is a complex system of pipelines that carries natural gas nationwide and for import and export for use by millions of people daily for their consumer and commercial needs. Across the country, there are more than 210 pipeline systems that total more than 305,000 miles of interstate and intrastate pipelines.