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HomeMy WebLinkAboutResolution - 072475B - Investigation Of Increase In Wellhead Prices - Attorney General John Hill - 07/24/1975K J/ dw RESOLUTION 072475-)S WHEREAS, during the past two years, wellhead prices of natural gas in Texas have increased at alarming rates, . WHEREAS, there have been strange and disturbing developments such as widely published problems of United, Lo -Vaca, and other gas companies, AND WHEREAS, no regulatory control of wellhead prices is provided by State Law; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Honorable John Hill, Attorney General of the State of Texas, is hereby requested to investigate uncontrolled and excessive increases in wellhead prices of natural gas charged by gas producers to gas utility companies operating within this State, under the authority of Consumer Protection laws of the State of Texas. Passed by the City Council this 24th day of July 1975, (IU ROY BAS -S, MAYOR ATTEST: t -16-01 Treva Phillips, City ecretary-Treasurer APPROVED AS TO FORM: red O. ity Attorney t` �. �-. G ,� �.�.� QCs t • � t,../- J _.� !/� - Whereas, during th.e past two y ars , wellhead prices of natural gas in Texas have increased at alarming rates, Whereas, there have been strange and distrubing developments such as widely published problems of United, Lo -Vaca, and other gas companies, And whereas, no regulatory:`control of:wellhead prices is provided' by State Law, Be it resolved by the Lubbock City CounciI, sitting in regular session. on this 24th day of Julys 1975, that the Honorable John Hill, Attorney General of the Stage of Texas, is hereby requested to. investigate uncontrolled and excessive increasesin wellhead prices of natural gas charged by gas.producers to gas- utility companies operating: within this State, under the authority of Consumer Protection laws of the State of Texas.