OIL & GAS: A Word to the Wise


"People have told me for years there is no more opportunity left. They said a man is stymied; all the good things had been taken up. But we've parlayed an idea in six or seven years into millions." So said Dallas Geologist John A. Jackson last week as the biggest uncommitted natural-gas field in the U.S. was opened up by the Federal Power Commission. FPC approved the sale of 105 million cu. ft. of gas daily in the Wise County area of northern Texas to the Natural Gas Pipeline Co. of America, one of the biggest U.S. gas distributors....

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