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SID RICHARDSON CARBON & GAS. CO. v. PHILLIPS PETROLEUM CO.

No. 71-2984.

456 F.2d 203 (1972)

SID RICHARDSON CARBON & GASOLINE CO., Plaintiff-Appellee-Cross-Appellant, v. PHILLIPS PETROLEUM COMPANY, Defendant-Appellant-Cross-Appellee.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied March 17, 1972.

Attorney(s) appearing for the Case

E. H. Brown, Houston, Tex., Kenneth Heady, Bartlesville, Okl., for defendant-appellant.

Cecil E. Munn, Cantey, Hanger, Gooch, Cravens & Munn, Fort Worth, Tex., for plaintiff-appellee.

Before BELL, DYER and CLARK, Circuit Judges.

PER CURIAM:

This is a diversity case involving the meaning of a contract. The specific issue relates to the price to be paid by Richardson to Phillips for residue gas. The contract provides for a price "equal to the price ... which Phillips receives ... for gas sold to El Paso Natural Gas Company ... " from Phillips' Goldsmith Plant. The El Paso price was to be adjusted to reflect refund orders of the Federal Power Commission. The same paragraph of the contract goes...

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