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...pronounced free-market economic philosophy will bring into being many items on their wish list, including stepped-up leasing of federal lands for oil and gas exploration, the easing of burdensome environmental rules and perhaps even a cut in the windfall-profits tax on the rising revenues from "old" crude oil. But a good many oilmen look for relief in these areas not so much from a G.O.P. White House as from conservatives who will be replacing anti-oil company liberals on key committees on Capitol Hill. Says Alton Whitehouse Jr., chairman of Standard Oil Co. (Ohio): "What...

Author: /time Magazine | Title: Business: Waiting for Reaganomics | 11/24/1980 | See Source »

...Later, for the first time, he accepted an invitation to join a U.S. board of directors. That was at Mobil, the nation's No. 2 oil company; Olayan owns $15 million worth of stock in Mobil, which depends on Saudi wells for about half its crude...

Author: /time Magazine | Title: Business: Olayan's Way | 11/24/1980 | See Source »

...Best friend the oil companies ever had. Decontrols domestic crude. Hits the little guy hard in his dwindling pocketbook...

Author: NO WRITER ATTRIBUTED | Title: SISTER/BRO. AMERICANS-- | 11/17/1980 | See Source »

...electricity of a Singing in the Rain. John Stimpson's solos as Kip, the WASPish, lazy, grinning, beer-drinking jock and all-around good guy, are outstandingly funny, and Stimpson's equally expert singing and dancing, augmented by energy that must come from barrels of pure Saudi crude, provide some of the show's most entertaining moments. There are no holes in this cast; all of the actors/singers/dancers bring an abundance of talent to their roles...

Author: By Sarah L. Mcvity, | Title: Students of Today | 11/12/1980 | See Source »

...cinematography was crude and the quality grainy. Even so, television viewers were treated to a rare drama last week: seeing and hearing Democratic Congressman Michael ("Ozzie") Myers of Philadelphia accepting $50,000 from an undercover FBI agent posing as an intermediary for a fictitious Arab sheik and, in return, promising to sponsor a bill to enable the sheik to settle in the U.S. The Abscam tapes were first aired in short segments on all network evening newscasts, then in their 3½-hour entirety on the Public Broadcasting Service...

Author: /time Magazine | Title: Nation: Watching the Take on TV | 10/27/1980 | See Source »

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