Word: baytown
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Nine months later, he was confronted by his boss and close friend, Captain Mark Pierce, an Exxon supervisor in Baytown, Texas. He urged Hazelwood to seek treatment before he "got into trouble." In April 1985 he entered a 28-day alcohol rehabilitation program at a Long Island hospital. A doctor at the time found the skipper "depressed and demoralized...
Others who profited from Thayer's stock tips, the complaint goes on, included Gayle Schroder, 46, chairman of First American Bank and Trust of Baytown, Texas; Malcolm Davis, 48, a convicted gambler and president of a Dallas insurance agency...
Yellow Cab of Denver hands out free charts to interested employees and gives drivers a day off during triple-criticals. An Exxon chemical plant at Baytown, Texas, sends out safety reminders to its 900 employees on triple-critical days. Says a spokesman: "Frankly, I don't know if there's any truth to the biorhythm theory, but we think the program will promote safety awareness." Biorhythm proponents say that hundreds of companies use the charts, but an investigation by National Safety News found that the claim "appears to be widely exaggerated...
...demand of close to 20 million bbl. That lack will contribute to keeping supplies tight for years after the Arab embargo ends. Now Exxon, which accounts for about 10% of the nation's refinery runs, is almost doubling the 300,000 bbl.-a-day capacity of its refinery at Baytown, Texas, and adding 100,000 daily bbl. to the capacities of other U.S. refineries...
...foreign tax payments that oil companies can deduct from their U.S. taxes. Treasury Secretary George Shultz calculates that if the limit were in effect now, oil companies this year would pay $400 million more in U.S. income taxes -about as much as Exxon will spend to expand the Baytown refinery. The windfall-profits measure will die if Congress legislates an oil-price rollback, but some increase in taxes seems certain...