Word: crude
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...After three years of desultory dickering, plans for the merger of Standard Oil Co. (New Jersey) and Standard Oil Co. of California were definitely dropped last week. The huge merger would have created a $2,500,000,000 corporation, controlling 10% of all U. S. crude production, 18% of all gasoline sales. In their joint statement Stanco's Teagle and Sococal's Kingsbury gave no explanation, but it was an open secret that the immediate cause was failure to agree on terms. Oil men thought, however, that a more potent reason for abandoning the deal was the question...
...Press is crude. Last week club-footed little Dr. Paul Joseph Goebbels, Minister of Propaganda and Public Enlightenment, proudly "consecrated" the German Press to Nazi service. Into his office for the consecration filed 300 of Berlin's most eminent newsfolk...
...Goebbels in the old, crude days of Adolf Hitler's rise to power used to say that nothing was so good for a hostile editor as "one litre of castor oil" (slightly over one quart) administered by Storm Troopers who then waited and guffawed at the result. Such tactics, copied from Mussolini, were often better than beating, but Dr. Goebbels has no need of them today. He held in his thin, knob-knuckled hands last week a new National Press Law making it a crime to practice journalism in Germany except as a licensed member of a nationwide closed...
Oilmen heard, however, that the P. C. C. had decided to ask President Roosevelt this week to go ahead and price-fix. The ratio tentatively set is a barrel of crude at 18½-times the price of gasoline per gallon...
...Ickes-Moffett code set a 40-hr. week, 40? an hour minimum pay, empowered the President to fix for 90 days a maximum base price per gallon of gasoline, crude oil prices per bbl. to be 18.5 times as high as the gasoline price. By way of compromise the whole question of price was, however, left subject to change by a committee of 15 to be appointed by the President. The committee is to "recommend" to States the quota production they should permit and by forbidding greater shipments in interstate commerce will enforce its "recommendations." Furthermore, withdrawal of oil from...