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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 di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PDVSA
Petróleos de Venezuela, S.A. (acronym PDVSA, , English language, 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 January 1, 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 exp ... [...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 Pioneer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Latham Doherty
Henry Latham Doherty (May 15, 1870 – December 26, 1939) was an 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. He was of Irish descent. 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 Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lake Charles, Louisiana
Lake Charles is the List of municipalities in Louisiana, fifth-most populous city in the U.S. state of Louisiana, and the county seat, parish seat of Calcasieu Parish, Louisiana, Calcasieu Parish, located on Lake Charles (Louisiana), 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 Louisiana, southwest region of the state. As of the 2020 United States census, 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, Lake Charles metropolitan area, metropolitan Lake Charles is often called the "Lake Area". History On March 7, 1861, Lake Charles was incorporated as the town of Char ... [...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 brought her repertoire of 500 songs to the series, often doing duets with Frank Parker and generating top ratings during the 1930s. She was replaced by soprano Lucille Manners in 1937. Other performers during this period were Robert Simmons and James Melton. Along with the Cities Service Singers, baritone Ross Graham arrived in 1939. Graham was also heard on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas
Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and has Mexico-United States border, an international border with the Mexican states of Chihuahua (state), Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest. Texas has Texas Gulf Coast, a coastline on the Gulf of Mexico to the southeast. Covering and with over 31 million residents as of 2024, it is the second-largest state List of U.S. states and territories by area, by area and List of U.S. states and territories by population, population. Texas is nicknamed the ''Lone Star State'' for its former status as the independent Republic of Texas. Spain was the first European country to Spanish Texas, claim and control Texas. Following French colonization of Texas, a short-lived colony controlled by France, Mexico ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utility
In economics, utility is a measure of a certain person's satisfaction from a certain state of the world. Over time, the term has been used with at least two meanings. * In a normative context, utility refers to a goal or objective that we wish to maximize, i.e., an objective function. This kind of utility bears a closer resemblance to the original utilitarian concept, developed by moral philosophers such as Jeremy Bentham and John Stuart Mill. * In a descriptive context, the term refers to an ''apparent'' objective function; such a function is revealed by a person's behavior, and specifically by their preferences over lotteries, which can be any quantified choice. The relationship between these two kinds of utility functions has been a source of controversy among both economists and ethicists, with most maintaining that the two are distinct but generally related. Utility function Consider a set of alternatives among which a person has a preference ordering. A utility fu ... [...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 ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tulsa
Tulsa ( ) is the second-most-populous city in the state of Oklahoma, after Oklahoma City, and the 48th-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 1,034,123 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 Americans, and was formally incorporated in 1898. Most of Tulsa is still part of the territory of the Muscogee (Creek) Nation. Northwest Tulsa lies in the Osage Nation whereas North Tulsa is within the Cherokee 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 educ ... [...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 List of capitals in the United States, capital and List of municipalities in Oklahoma, most populous city of the U.S. state of Oklahoma. The county seat of Oklahoma County, Oklahoma, Oklahoma County, its population ranks List of United States cities by population, 20th among United States cities and 8th in the Southern United States. The population grew following the 2010 Census and reached 681,054 in the 2020 United States census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City–Shawnee, Oklahoma, 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 County, Oklahoma, Canadian, Cleveland County, Oklahoma, Cleveland, and Pottawatomie County, Oklahoma, Pottawatomie counties. However, much of those areas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
