OIL & GAS: For Peoples' People


Near Joliet, Ill. one afternoon last week, a group of oilmen and Chicago city officials assembled around a 30-in. pipe. While the state flags of Texas and Illinois fluttered in the breeze, the wheel of a big control valve was turned. There was a rearing whoosh, and gas from Texas began to flow to Chicago through a new 1,417-mile pipeline.

The pipeline, which cost a thumping $135 million, was laid by a subsidiary of Peoples Gas Light and Coke Co., Chicago's only gas supplier and one of the biggest in the U.S. It marked the latest step in a...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!