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Citgo
Citgo Petroleum Corporation (or Citgo, stylized as CITGO) is a United States–based refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products. Headquartered in the Energy Corridor area of Houston, it is majority-owned by PDVSA, a state-owned company of the Venezuelan government (although due to U.S. sanctions in 2019, they no longer economically benefit from Citgo). History Cities Service period The company traces its heritage back to the early 1900s and oil entrepreneur Henry Latham Doherty. After quickly climbing the ladder of success in the manufactured gas and electric utility world, Doherty in 1910 created Cities Service Company to supply gas and electricity to small public utilities. He began by acquiring gas-producing properties in the mid-continent and southwest. The company then developed a pipeline system, tapping dozens of gas pools. To make this gas available to consumers, Doherty moved to acquire d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PDVSA
Petróleos de Venezuela, S.A. (PDVSA, ) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and production of natural gas. Since its founding on 1 January 1976 with the nationalization of the Venezuelan oil industry, PDVSA has dominated the oil industry of Venezuela, the world's fifth largest oil exporter. Oil reserves in Venezuela are the largest in the world and the state-owned PDVSA provides the government of Venezuela with substantial funding resources. Following the Bolivarian Revolution, PDVSA was mainly used as a vital source of income for the Venezuelan government. Profits were also used to assist the presidency, with funds directed towards allies of the Venezuelan government. With PDVSA focusing on political projects instead of oil production, mechanical and technical statuses deteriorated while employee expertise was removed follow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Houston Energy Corridor
The Energy Corridor is a business district in Houston, Texas, located on the west side of the metropolitan area between Beltway 8 and the Grand Parkway. The district straddles a stretch of Interstate 10 (the Katy Freeway) from Kirkwood Road westward to Barker Cypress Road and extends south along Eldridge Parkway to Briar Forest Drive. Parts of the district overlap with the Memorial area of Houston. The district is located north of Westchase, another major business district of Houston, and east of Greater Katy. Many energy sector companies have major operations in the Energy Corridor, including BP America, Citgo, ConocoPhillips, Nouryon and Shell Oil Company. Non-energy firms also have a presence; Sysco and Gulf States Toyota Distributors are both headquartered in the district. The Energy Corridor contains over of office space, with an employment capacity of over 105,000. Over of urban park area borders the Energy Corridor, including George Bush Park and Bear Creek Pione ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Latham Doherty
Henry Latham Doherty (May 15, 1870 – December 26, 1939) was an Irish-American financier and oilman, a native of Columbus, Ohio. In 1910, he created the Cities Service Company, a utility holding company that later became the Citgo Petroleum Corporation. Business career Doherty was first hired by the Columbus Gas Company at the age of 12. He reportedly wrote years later, "I could not get along in school... and was under expulsion a large part of the time I was supposed to be in school." He made such a favorable impression with his knowledge and devotion to work that CGC management assigned him to take charge of a subsidiary company, a declining utility in Wisconsin. By the age of 20, he held the title of Chief Engineer at CGC. In June 1899, the Emerson McMillan & Company, a financial company that invested in utility companies, had sent one of its senior executives, George T. Thompson, to the Denver Gas & Electric Company (a predecessor of the Public Service Company of Colorado) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lake Charles, Louisiana
Lake Charles (French: ''Lac Charles'') is the fifth-largest incorporated city in the U.S. state of Louisiana, and the parish seat of Calcasieu Parish, located on Lake Charles, Prien Lake, and the Calcasieu River. Founded in 1861 in Calcasieu Parish, it is a major industrial, cultural, and educational center in the southwest region of the state. As of the 2020 U.S. census, Lake Charles's population was 84,872. The city and metropolitan area of Lake Charles is considered a regionally significant center of petrochemical refining, gambling, tourism, and education, being home to McNeese State University and Sowela Technical Community College. Because of the lakes and waterways throughout the city, metropolitan Lake Charles is often called ''the Lake Area''. History On March 7, 1861, Lake Charles was incorporated as the town of Charleston, Louisiana. Lake Charles was founded by merchant and tradesman Marco Eliche (or Marco de Élitxe) as an outpost. He was a Sephardic J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cities Service Concerts
The ''Cities Service Concerts'' were musical broadcasts which had a long three-decade run on radio from 1925 to 1956, encompassing a variety of vocalists and musicians sponsored by Cities Service. The concerts began with trial broadcasts in the New York area during 1925 and 1926. Graham McNamee was the announcer and the Goldman Band conducted by founder Edwin Franko Goldman performed when the hour-long program began February 18, 1927, on NBC; it changed to a symphonic sound with Rosario Bourdon conducting a 30-piece NBC house orchestra that summer along with the Cavaliers Quartet. On January 3, 1930, Jessica Dragonette Jessica Valentina Dragonette (February 14, 1900 – March 18, 1980) was a singer who became popular on American radio and was active in the World War II effort. Early life Born in Calcutta, India, or Philadelphia, Pennsylvania as Jessica Valent ... brought her repertoire of 500 songs to the series, often doing duets with Frank Parker and generating top rating ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas
Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by both List of U.S. states and territories by area, area (after Alaska) and List of U.S. states and territories by population, population (after California). Texas shares borders with the states of Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and the Mexico, Mexican States of Mexico, states of Chihuahua (state), Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest; and has a coastline with the Gulf of Mexico to the southeast. Houston is the List of cities in Texas by population, most populous city in Texas and the List of United States cities by population, fourth-largest in the U.S., while San Antonio is the second most pop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utility
As a topic of economics, utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness as part of the theory of utilitarianism by moral philosophers such as Jeremy Bentham and John Stuart Mill. The term has been adapted and reapplied within neoclassical economics, which dominates modern economic theory, as a utility function that represents a single consumer's preference ordering over a choice set but is not comparable across consumers. This concept of utility is personal and based on choice rather than on pleasure received, and so is specified more rigorously than the original concept but makes it less useful (and controversial) for ethical decisions. Utility function Consider a set of alternatives among which a person can make a preference ordering. The utility obtained from these alternatives is an unknown function of the utilities obtained from each alternative, not the sum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Utility Holding Company Act Of 1935
The Public Utility Holding Company Act of 1935 (PUHCA), also known as the Wheeler-Rayburn Act, was a US federal law giving the Securities and Exchange Commission authority to regulate, license, and break up electric utility holding companies. It limited holding company operations to a single state, thus subjecting them to effective state regulation. It also broke up any holding companies with more than two tiers, forcing divestitures so that each became a single integrated system serving a limited geographic area. Another purpose of the PUHCA was to keep utility holding companies engaged in regulated businesses from also engaging in unregulated businesses. The act was based on the conclusions and recommendations of the 1928-35 Federal Trade Commission investigation of the electric industry. On March 12, 1935, President Franklin D. Roosevelt released a report he commissioned by the National Power Policy Committee. This report became the template for the PUHCA. The political b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tulsa
Tulsa () is the second-largest city in the state of Oklahoma and 47th-most populous city in the United States. The population was 413,066 as of the 2020 census. It is the principal municipality of the Tulsa Metropolitan Area, a region with 1,023,988 residents. The city serves as the county seat of Tulsa County, the most densely populated county in Oklahoma, with urban development extending into Osage, Rogers, and Wagoner counties. Tulsa was settled between 1828 and 1836 by the Lochapoka Band of Creek Native American tribe and most of Tulsa is still part of the territory of the Muscogee (Creek) Nation. Historically, a robust energy sector fueled Tulsa's economy; however, today the city has diversified and leading sectors include finance, aviation, telecommunications and technology. Two institutions of higher education within the city have sports teams at the NCAA Division I level: Oral Roberts University and the University of Tulsa. As well, the University of Oklahoma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma City
Oklahoma City (), officially the City of Oklahoma City, and often shortened to OKC, is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 20th among United States cities in population, and is the 8th largest city in the Southern United States. The population grew following the 2010 census and reached 687,725 in the 2020 census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City– Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma's largest municipality and metropolitan area by population. Oklahoma City's city limits extend somewhat into Canadian, Cleveland, and Pottawatomie counties, though much of those areas outside the core Oklahoma County area are suburban tracts or protected rural zones (watershed). The city is the eighth-largest in the United States by area including consolidated city-counties; it is the second-largest, after Houston, not i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
