Word: chevroned
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Soon Sohio and Chevron were also afield. Jersey City promptly gave permission to explore land the municipality had acquired for a potential water supply. The mayor of West Milford (pop. 23,000) declared that jobs created by mining would be good for his town, adding that he trusted the state's department of environmental protection to work out any ecological problems. The department in turn said that it was relying on the oil companies to prevent environmental damage. Declared Bragg: "We know that people are concerned with the environment. So are we." Twenty years ago, most citizens would have...
AFRICA AND ASIA. Chevron's discovery in the swamps of Sudan and new finds offshore of Nigeria and some other west coast countries have renewed interest in the African continent. Amoco recently sank a wildcat well in the Seychelles merely on the ground that Madagascar, about 700 miles away, has an estimated 10 billion bbl. of tar on its surface. Where tar is found, oil is usually not far away. On the other side of the Indian Ocean, India has reportedly found indications of an oil bonanza off its southeast coast. Michael Morrow, publisher of Hong Kong...
...year throughout the Northeast, the region that uses the most fuel. Even more important has been the drop in gasoline use. Last year prices rose 35%, to a current nationwide average of approximately $1.09 per gal. for unleaded regular, and last week several oil companies, including Texaco, Shell and Chevron announced new increases of from 2? to 5? per gal. As prices have climbed, consumption has slumped to about 95% of 1978's level...
...could add from 4? to 8? to the retail price of a gallon of gasoline in the coming weeks, and 3? to 7? to the cost of home heating oil, a major expense for consumers in the import-dependent Northeast. Several of the largest oil companies, including Exxon, Mobil, Chevron and Texaco, last week announced wholesale gasoline price increases of 6? to 10? per gal. This signals further sharp rises at the pump in the weeks ahead for motorists, who are already paying an average nationwide price of about...
...fact, Aramco's shareholders have been selling their oil products in the U.S. for prices just a bit below their competitors'. If the discounts had been any bigger, long lines would have formed at Exxon, Mobil and Texaco gasoline stations, as well as at those of Chevron, the retailing outlet for Socal...