Word: alaska
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Dates: during 1980-1989
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...complete Washington scandal, there was even a little sex. Or so claimed Elizabeth Ray, the famed blond secretary who could not type. During the congressional sex scandal revelations of 1976, Ray reportedly told federal investigators that her former boss, Kenneth Gray, had arranged for her to sleep with Alaska Senator Mike Gravel on a houseboat outing in August of 1972 in hopes of securing his support for some visitor-center legislation. Gray and Gravel have denied the allegations. Says Gray: "She never had a damn thing to do with the center...
...estimated that the sale might bring in $500 million or so, but when the counting stopped, 23 companies had offered $2.1 billion for the right to drill on 125 tracts covering 660,000 acres of the outer continental shelf. It was the most money ever bid at an Alaska offshore lease sale, but fell short of the record $2.6 billion drawn in September 1980 for 116 tracts in the Gulf of Mexico...
...highest bid was a $227 million offer for a 5,700-acre tract submitted by a group of companies led by the Sohio Alaska Petroleum Co., an exploration subsidiary of Standard Oil Co. of Ohio, and including Mobil Corp. and British Petroleum Alaska Exploration. Their bid for that choice tract far outstripped the $129 million offered by Exxon and Marathon Oil, which was bought in March by U.S. Steel. Another group led by Texaco, which is seeking to increase its holdings in the Prudhoe Bay region, weighed in with the second-highest successful bid for a tract near the Sohio...
...prices were paid for land 18 to 20 miles off Alaska's northern coast, where geophysical tests strongly point to the presence of oil and gas. What is more, these areas are only 40 miles or so from pumping station No. 1 on the Trans-Alaska Pipeline, which was built to carry oil for the nearby Prudhoe Bay oilfields. That area was particularly attractive because it meant that only relatively short feeder lines would have to be built to get oil to the pipeline, which would carry it into U.S. markets...
...will say that one of the the reasons he was not re-elected is that he addressed difficult issues; that he did not yield to political expediency; that his basic principles were sound; and that he was effective in some of the major tasks he undertook?energy, arms control, Alaska lands, the Panama Canal, the Middle East, China relations. I hope history will deal kindly with me. But I am at peace with the knowledge I did the best I could...