Word: destinations
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GROWING UP near the Florida panhandle, meant the inevitable spring break pilgrimage to Destin beach. Around this time every year, the diets began. Bananas only the first day; then strawberries the next, then apples the next. But at the beach, you could finally drink and eat potato chips--unless it started showing--and fast for the next day until your stomach was flat...
...emphasizing established business lines of demonstrated profitability." Despite ambitious efforts to find new oil, however, Exxon's results have been mixed. Since 1978 its oil reserves have dwindled 13%, to 7 bil lion bbl. In the meantime, costly drilling in the Baltimore Canyon and in the Destin Dome region of the Gulf of Mexico has turned up a discouraging number of dry holes. Wall Street stock analysts think that other oil companies may have greater growth potential, and the price of Exxon stock has plummeted 40%, to $27 per share, since November...
Record Bid. Clearly, the big strikes in the future-if there are any-will be made off the Gulf, Atlantic and Pacific coasts, and in Alaska, both onshore and offshore. Yet some of the most promising offshore sites, like the Destin Anticline off the Gulf Coast of Florida, have proved every bit as disappointing as wells drilled in the continental U.S. In 1973 the Destin fields looked so lucrative that oil companies bid a record $1.49 billion for leases. After drilling 14 dry holes, Exxon, Shell and three other producers pulled out their rigs, and oilmen now refer to that...
...first time from the shame of its capitulation to the Nazis in World War II, the second from its own quarreling factions. With the Fifth Republic, he gave France its first strong governmental framework since the days of Louis Napoleon. He was indeed "I'homme du destin," as Winston Churchill once called him, and even his name, suggestive of both Charlemagne and ancient Gaul, was perfectly suited to the role he took upon himself. When De Gaulle died last week, just 13 days before his 80th birthday, President Georges Pompidou summed up the crusade: "He gave France her governing...
...taped water bottle he always used in the ring, the watch he was wearing when he died, the bloodstained trunks he wore when he dethroned Zale. Whenever anyone mentioned his quest for the championship, petit Marcel spoke the few words of English he had mastered: "It is my destinée" Shortly before the fight, he listened to a recording of a soul-searing ballad by "Aunt Zizi" (Piaf), not because he is superstitious, he said, but because "it is a personal force." Then he put on his father's old leather supporter and the blue trunks with...