Word: carsons
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...production, it will insist that major oil companies chop back their imports of cheaper foreign oil under a "voluntary" 10% reduction program (TIME, Sept. 30). Having already rejected appeals by three companies (Tidewater, Indiana Standard Oil, Ohio Standard) for sizable boosts in their import quotas. Navy Captain Matthew V. Carson Jr., administrator of the program, also turned down Eastern States Petroleum Co. and Sinclair Oil Co., even though Sinclair argues that it will mean costly cutbacks in its ambitious plans to sell Venezuelan crude...
...country, much of the literary talent in the past thirty years has come from the South: Wolfe, Faulkner, Robert Penn Warren, Allen Tate, Eudora Welty, Carson McCullers, and John Crowe Ransom. The South has its own colorful history, way of life and values, all of which came into conflict with the North, a region claiming moral superiority and possessing physical superiority. Southern writers became increasingly aware of the value of regionalism and fought the omnivorousness of Megapolis the exclusive formation of literary taste by New York. This moment reached its peak with the Southern Agarian movement led by Robert Penn...
...flood of foreign oil-and to soothe the politically potent ire of Texas' independent oilmen-the Interior Department two months ago set up a voluntary import curb on big oil companies. Last week the program's administrator. Navy Captain Matthew V. Carson Jr.. logged a mutinous crew and foul weather ahead. The companies were asked to cut imports 10% below their 1954-to-1956 levels, bring in only 755,700 bbl. of foreign crude a day. But Captain Carson's first statistics showed a daily August total of 982,300 bbl. The companies themselves estimate daily...
Even an established importer, Sinclair Oil Corp., asked for relief, demanded a quota boost from 62,200 bbl. daily to 74,800. At a hearing before Captain Carson, Sinclair President J. E. Dyer challenged the program's premise that cheap foreign oil is endangering the nation's security by cutting down oil exploration. Despite accelerated exploration in recent years, he said, the nation's reserves are not increasing fast enough. "To disrupt and impair our sources of supply abroad and jeopardize relationships of industry that have been built up with foreign nations over a long period...
...Texas), which imported 573,800 bbl. a day in July, plan to cut to 471,000 bbl. by December, 22,000 below the Government's request. But last week they showed signs of weakening, nervously eyed the appeals for quota boosts. Gulf Executive Vice President David Proctor warned Carson: "Any decision permitting substantial increases in allowable imports based on alleged inequities can only result in a chain reaction...