Word: chevron
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Dates: during 1980-1989
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Even so, some large oil companies, including Exxon, Chevron and Sohio, are investing heavily in synfuels. Says Clifton C. Garvin. chairman of Exxon, which has committed $1 billion to such projects worldwide: "By the turn of the century, we think this country will get about 4 million or 5 million barrels a day of liquids from shale oil and coal. It's prudent to develop a reasonable-sized synthetic industry, in part because of national security, and in part because of economics...
...November 1980, residents of the Denver suburb of Northglenn began noticing the pungent smell of gasoline throughout their homes. Explosions began lifting 200-lb. manhole covers off the ground. An investigation showed that the gas had leaked from the underground tanks of a nearby Chevron service station and found its way into the water table as well as sewer lines serving six residential blocks. Forty-one families in the area, which residents dubbed "Gasoline Alley," sued Chevron for damages. Last week the oil company settled out of court for what could amount to a record $6 million -about three times...
Faced with large supplies and low sales, oil companies are paying lower prices for crude or refusing to buy it. Standard Oil of California, which markets under the Chevron brand, Phillips Petroleum and Marathon Oil have all announced that they are cutting by $1 per bbl. the amount they will pay for certain grades of domestically produced crude. Atlantic Richfield has reduced purchases from Nigeria by 60,000 bbl. a day, and industry experts say that Ashland Oil has indefinitely suspended purchases of some 90,000 bbl. a day of crude from Mexico, along with another 17,000 bbl. daily...
...unexpected result of the methods used in constructing the exhibit, Teri Buchanon, spokesman for Chevron, notes, is that is contains no writers. "The creative process a writer goes through is so internal that it is extremely hard to document," she explains, adding, "They don't have sketch pads or lab notebooks. Everything goes on in the mind...
...idea of an exhibit on creativity evolved when the Chevron Family of Companies began searching for a way to celebrate its centennial. Planners and designers comparing the America of 1879 to the America of a century later decided that the single unifying force which accounted for a hundred years of change was the spirit of innovation. Out of this realization the conception of a tribute to creativity was born...