b"ThermalShockResistance-Analternativemethodoftestingis.,beingconsideredforthermalshockresistanceinwhichtheload-./ developedwithinamembraneasaresultofarapiddropin temperaturefrom75to-25Fissubtractedfromtheultimate strengthat-25Ftodeterminetheamountofresidualstrength availabletoresistotherstressesimposedonthemembraneand isundergoinground-robintestingwithintheARMAgroupandASTM. WELLHEADTAXMEANSHIGHERASPHALTPRICES TheAdministration'senergybill,R.R.6831,presentlypendinginthe House,wouldimposeacrudeoil equalizationtax.Toensurethatmarket decisionsbyconsumersarebasedontherealvalueofoilandtofoster conservationofoil,all domesticoilwouldbecomesubjectatthewellhead inthreestagesovera3-yearperiod(commencingin1978)toacrudeoil equalizationtaxequaltothedifferencebetweenitscontrolledpriceand theworldprice.Thereafter,thetaxwouldincreaseinaccordancewiththe worldpriceofoil. Netrevenuesfromthewellheadtaxwouldbereturnedtoconsumersin theformofapercapitaenergycreditagainstothertaxesoraspartofan overalltaxreform. Becausethetaxisoncrudeoilandispaidbyrefiners,pricesonall petroleumderivativeswillincreaseregardlessofultimateuseasanenergy ornon-energyproduct,eventhoughthetaxisdesignedtoreduceconsumptionofenergyproducts.Asphaltisanon-energybuildingmaterial- its pricewillincreaseconsiderablyasaresultofimpositionofthetax,even thoughit isnotaproductorusewithintheenergyconservingpurposeof thetax. Thepercapitaenergycreditis,ineffect,arefundofthatportion ofthewellheadtaximposedonenergyproductderivativesofpetroleum. Thereisnocomparablerefundonnon-energyproductssuchasasphal t. Asphaltandothernon-energyproductsshouldbeexemptedfromthetaxor arefundofthetaxonsuchproductsshouldbedevised. ThebillhasclearedthespecialHouseEnergyCommitteeandcomes tothefloorforconsiderationbythefullHouseearlyinAugust. WriteyourCongressmen- intheHouseandintheSenate.Letthem knowhowyoufeelaboutthewellheadtax. 1977CONVENTION Thisyear'sconventionwillbeheldinSanAntonio,Texas,November 13through16.Fulldetailsplushotelreservationforms,etc.,willbe inthemailtoyouinmid-August.Markyourcalendarnowtosavethe dates! Seey'allinSanAntonio~"