Word: bottomly
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Dates: during 1970-1979
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...fresh waves of leasing and prospecting activity. Altogether, major oil companies and independents have leased more than 1.8 million acres. Some landowners got as much as $350 an acre and a one-third share in future production. The state of Louisiana, controlling 5 million acres, leased land on the bottom of Lake Pontchartrain for $324 an acre and a choice site elsewhere at $1,500 an acre in competitive bidding. So far, the Tuscaloosa Sand has yielded 14 producing or potentially producing wells...
Other sticky problems will challenge the engineers and designers. Sand will probably have to be screened out by costly stainless-steel filters at the bottom of each well. The corrosive quality and high temperature and pressure of the brine will demand specially designed piping, valves and moving machinery. The exhaust water will have to be pumped back into the earth to avoid turning the area into a swamp. The economics will look more encouraging, however, if Congress adopts a provision now in a pending tax bill that will allow a tax credit...
...many readers will remain skeptical. "People may think I'm kooky, but this is what happened," he says. "It's not a publicity stunt. I have asked God for forgiveness for anything I have done to hurt anyone. I've been all the way to the bottom. There's only one way to go now, and that's up. I'm going to be hustling for the Lord...
...people are just finding out the new price tags," says Jones. "Social Security taxes already are a major cause of small-business bankruptcy." Congressional mail was supportive when the tax debates were about raising the Social Security benefits. Then the people got to the bottom line and discovered who had to pay and how much. The U.S. Chamber of Commerce claims that the anger of businessmen over taxes this autumn is the highest in years. Pollster Louis Harris has placed the national ire at a level he defines as "public outrage." Tax experts believe that there could be a spread...
...richest chain publisher of them all, Sam Newhouse, now 82, has 30 newspapers and more circulation than anyone else. Feeling no Hearstian ego need to parade his prejudices in print, Newhouse focuses myopically on the bottom line, exemplifying Udall's thesis that "today, what the titans of the chains want is profits-not power-just money...