Interstate Oil and Gas Compact: Hearings Before the Committee on Interstate and Foreign Commerce, House of Representatives, Eighty-second Congress, First Session, on H. J. Res. 206 and H. J. Res. 211, Joint Resolutions Consenting to an Interstate Compact to Conserve Oil and Gas

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U.S. Government Printing Office, 1951 - 111 páginas
 

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Página 3 - ARTICLE VI Each state joining herein shall appoint one representative to a commission hereby constituted and designated as the Interstate Oil Compact Commission, the duty of which said Commission shall be to make inquiry and ascertain from time to time such methods, practices, circumstances and conditions as may be disclosed for bringing about conservation and the prevention of physical waste of oil and gas...
Página 3 - No action shall be taken by the Commission except: (1) by the affirmative votes of the majority of the whole number of the compacting States, represented at any meeting and (2) by a concurring vote of a majority in interest of the compacting States...
Página 96 - It is not the purpose of this compact to authorize the states joining herein to limit the production of oil or gas for the purpose of stabilizing or fixing the price thereof, or create or perpetuate monopoly, or to promote regimentation, but it is limited to the purpose of conserving oil and gas and preventing the avoidable waste thereof within reasonable limitations.
Página 8 - Article IV. The duty of the said commission shall be to make inquiry and ascertain from time to time such methods, practices, circumstances and conditions as may be disclosed for bringing about the conservation and the prevention of the depletion and physical waste of the fisheries, marine, shell and anadromous, of the Atlantic seaboard.
Página 6 - Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the consent of Congress is hereby given to...
Página 3 - September 1, 1937, but any state joining herein may, upon sixty (60) days notice, withdraw herefrom. The representatives of the signatory states have signed this agreement in a single original which shall be deposited in the archives of the Department of State of the United States, and a duly certified copy shall be forwarded to the Governor of each of the signatory states. This compact shall become effective when ratified and approved as provided in Article I. Any oil-producing state may become...
Página 7 - INTERSTATE COMPACT TO CONSERVE OIL AND GAS "ARTICLE i "This agreement may become effective within any compacting state at any time as prescribed by that state, and shall become effective within those states ratifying it whenever any three of the states of Texas, Oklahoma, California, Kansas, and New Mexico have ratified and Congress has given its consent. Any oil-producing state may become a party hereto as hereinafter provided. "ARTICLE u "The purpose of this compact is to conserve oil and gas by...
Página 2 - AN INTERSTATE COMPACT TO CONSERVE OIL AND GAS " 'ARTICLE I " 'This agreement may become effective within any compacting state at any time as prescribed by that state, and shall become effective within those states ratifying it whenever any three of the States of Texas, Oklahoma, California, Kansas, and New Mexico has ratified and Congress has given its consent.
Página 7 - Whereas, on the 16th day of February, 1935, in the Ci,ty of Dallas, Texas, there was executed "An Interstate Compact to Conserve Oil and Gas" which was thereafter formally ratified and approved by the States of Oklahoma, Texas, New Mexico, Illinois, Colorado, and Kansas, the original of which is now on deposit with the Department of State of the United States, a true copy of which follows: "AN INTERSTATE COMPACT TO CONSERVE OIL AND GAS...
Página 8 - The commission shall have power to recommend the coordination of the exercise of the police powers of the several states within their several jurisdictions to promote the maximum ultimate recovery from the petroleum reserves of said states, and to recommend measures for the maximum ultimate recovery of oil and gas.

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