Baytown Briefs (Baytown, Tex.), Vol. 09, No. 10, Ed. 1 Friday, March 10, 1961 Page: 4 of 6
This newspaper is part of the collection entitled: Humble Bee and Baytown Briefs and was provided to The Portal to Texas History by the Sterling Municipal Library.
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Page 4
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3 Retirements Effective March 1
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Humble Annuitant H. Frank Goss
is Baytown's Mr. Senior Citizen
Appointments Are Announced For
Positions In New Southeast Region
Up For Sale
Bidding Open To Employees Who
May Want Lawn Mowers, Sprayer
The items listed below are for sale to the highest bidder.
Three 30-inch Kut-Kwick rotary type lawn
HOR Nos. 34-A, 35-A and 36-A.
Three 30-inch Gravely rotary type lawn i
mowers with sulkies,
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Houston in May, 1955, he was
manager of employee relations at
Baytown Refinery.
Charles Janvier, who has
been serving as area attorney
for the Eastern Area of the
Humble Division, has been ap-
pointed regional general counsel.
A. F. Kent, who has been
serving as information division
head in the Public Relations De-
partment of the Esso Standard
Division, has been appointed
regional public relations man-
ager.
Venn called these appoint-
ments an initial step in the or-
ganization of the region and said
that the seven men named to
executive positions will serve as
a committee to assist him and
General Manager C. G. Herring-
ton in planning the complete
regional organization.
The Southeast Region, one of
tour operating regions announced
last December in a long-range
organization plan for the con-
solidated Humble Company, will
have its headquarters in New
Orleans. 1 he three other operat-
ing regions are the Southwest
Region, with offices in Houston;
the Central Region, with offices
in Tulsa; and the Esso Standard,
Eastern Region, with offices in
New York.
Ve m 4 M
Those who were presented awards last Friday night at the annual Dis-
tinguished Service Awards banquet sponsored by the Junior Chamber
of Commerce are, from the left, H. Frank Goss, senior citizen award;
Mrs. R. C. Halter, woman of the year award; Mrs. Mattie Howard,
who as a member of the Library Advisory Board and librarian at Lee
College received a special award for her work on the public library
issue; and Jack Simmons, a sixth grade teacher at James Bowie Ele-
mentary, who received the junior citizen award.
cent.”
He said, however, that there is still a need for im-
proving the present conservation system.
"Serious thought,” he said, "must be devoted
to modifications in conservation regulations which will
best serve the public interest by promoting less inten-
sive development of known reserves and by encourag-
ing the proper level of exploration for more new re-
serves to be developed in the future as needed.
/
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important in encouraging exploratory efforts needed to
supply our future requirements.
As to the effect of state conservation laws on prices,
he had this to say:
“The real price of petroleum products and natural
gas is much less now than in 1920 before the days of
effective conservation. Consequently, these fuels have
become the dominant form of energy in our economy.
The Humble economist and executive stressed a point
that the industry’s critics often ignore: that the pri-
mary purpose of conservation laws and the regulation
of production is to prevent physical waste of our pe-
troleum resources. He noted, however, that restrictions
on production do have the short-term side-effect of
dampening fluctuations in price.
“From this fact,” he said, “the hasty conclusion
is often drawn that supply would be greater and prices
lower in the absence of such restriction. This naive
reasoning overlooks the difference between short-term
and long-term consequences. The conclusion is errone-
ous because conservation also has other economic con-
sequences that operate to reduce costs and prices, par-
ticularly additional recovery of oil from wells drilled
on wider spacing. In the decades during which it has
been in operation, the present system has meant more
oil at lower prices, with vast benefits to the public and
to the nation.”
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Erroneous impressions about the economics of pe-
troleum conservation could lead to unsound legislation
that would hurt the entire nation. This was the warn-
ing sounded by Dr. Richard J. Gonzalez, a director of
the Humble Oil & Refining Company when he spoke
recently in New Orleans before the annual meeting of
the Louisiana-Arkansas Division of the Mid-Continent
Oil and Gas Association on “Economics of Petroleum
Conservation.”
There is a great need, Dr. Gonzalez said, for a
belter public understanding of the ways in which the
present system of conservation has served the national
interest by making it possible to recover and produce
more oil at lower costs and prices.
He said that the industry’s critics often imply that
petroleum production is fabulously profitable, that it
enjoys a lax advantage, and that output is regulated
to maintain high prices at the expense of the consumer.
Actually, he said, the rate of earnings for large inte-
grated oil companies as a group is about the same as
for all manufacturing corporations, and some ten or
twelve industrial groups have a higher rate of return
on invested capital than the average for petroleum cor-
porations.
Answering the tax advantage charge, he pointed
to the extraordinary risks encountered in the search
for oil, and said that percentage depletion is highly
Baytown Briefs * March 10, 1961
) •
. P 9
Mh 24
Misunderstanding Could Lead To Unsound Legislation
He cited a recent report of the United States At-
torney General which noted the keen competition among
oil-producing states for markets and which concluded
that proration to achieve a desired price level would
be virtually impossible.
Dr. Gonzalez said that the practice in some states
of restricting production to market demand was espe-
cially misunderstood. He said that when eight or nine
producing days a month are announced for wells in
Texas, the uninformed draw the inference that all pro-
duction is limited to less than 30 per cent of capacity.
“The public does not realize that there are thousands
of marginal and exempt wells in Texas that are pro-
ducing at capacity, quite unaffected by the number
of shutdown days that apply to prorated wells. It is
also unaware of the true operating rate for domestic
production. The average operating rate for the domes-
lie industry in 1960 will probably be about 70 per
H. Frank Goss, a well-known
Refinery annuitant, was pre-
sented the senior citizen award
last Friday night at the annual
Distinguished Service Awards
banquet sponsored by the Junior
Chamber of Commerce. Goss re-
tired as Operations advisor in
August, 1959.
The award is based on the
contribution an individual makes
over the year to civic and church
groups, and to other organiza-
tions that help in the betterment
of his community.
Goss is president of the Ki-
wanis Club, is a member of the
Chamber of Commerce lax com-
mi llee, has served in several po-
sitions in the Community Chest
including chairman for the entire
East Harris County United Fund
Drive in 1956 and chairman of
the commercial division in the
drive in I960, is a member of
the Library Advisory Board, and
was instrumental in obtaining
Baytown’s proposed new library.
He is also well known for his
active participation in boy scout
work and is a member of the
Sam Houston Area Boy Seoul
Council Governing Board. Goss
holds the Silver Beaver award,
the highest given in scouting.
Also, he is a member of the offi-
cial board and finance committee
chairman of St. Mark’s Methodist
Church.
Mrs. R. C. Haller, whose hus-
band works in R & D, was pre-
sented the woman of the year
award given by the Baylown
Jaycee-eltes. She was chairman
of the TB Seal sale in Baytown
during the past year. She is im-
mediate past president of the
Baytown Service League, is ac-
tive in the Baytown Junior High
Parents Council, and is a mem-
ber of the Book Review Club.
Organization plans for the
Southeast Region of Humble Oil
& Refining Company were an-
nounced recently by R. H. Venn,
vice president in charge of the
region.
Initial appointments an-
nounced by Venn included:
O. L. Furse, who has been
serving as Eastern Area produc-
tion manager of the Humble
Division, has been named re-
gional production manager.
E. A. Murchison, Jr., who
has been serving as Eastern
Area exploration manager of the
Humble Division, has been
appointed regional exploration
manager.
E. M. Jolly, who has been
serving as manager of the
Tennessee-Arkansas Area of the
Esso Standard Division, has been
appointed regional marketing
manager.
C. N. Bailey, who has been
serving as assistant controller of
the Humble Division, has been
appointed regional controller.
William Grant, Jr., who has
been serving as assistant manager
of the Employee Relations De-
partment of the Humble Division,
has been appointed regional em-
ployee relations manager. Prior
to his becoming assistant man-
ager of employee relations in
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HOR Nos. 11-B, 12-B, 13-B.
One 86-inch Worthington Triplex reel type riding mower, HOR.
No. 8-C.
One 60" Bush Hog mower only for use with tractor, HOR No.
11-D.
One 200 gallon John Bean sprayer, mounted on wheels, Model
R-7, complete with pump, HOR No. 8-E.
The mowers and sprayer may be seen at the Garage area, and
will be sold on an as-is-where-is basis.
When submitting bids, employees are asked to write the
name of the item on the outside of the envelope. Each piece
of equipment should be bid on separately. Sealed bids in order
to be considered must contain the bidder’s name and home ad-
dress as well as the HOR Number of the item bid on. All bids
must be addressed to Westbrook Teer, care of Leo Font, Store-
house. Questions regarding the above equipment should be di-
rected to Font on Extension 2275. Bidding will close at 12 noon
on Friday, March 21, and bids received after that time will not
be considered.
Terms are net cash upon acceptance of bid, and sale when
made is final. Humble reserves the right to reject any bid.
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Robert Lee Gaskin Jesse C. Deckard William W. Costlow
Foreman in M & C Instrument Technician Laborer
26 years, 9 mos. 17 years 15 years, 9 mos.
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Baytown Briefs (Baytown, Tex.), Vol. 09, No. 10, Ed. 1 Friday, March 10, 1961, newspaper, March 10, 1961; Baytown, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1417802/m1/4/?q=%22Business%2C+Economics+and+Finance+-+Oil+and+Gas+-+Refineries%22: accessed July 10, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Sterling Municipal Library.