Word: driller
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Dates: during 1980-1989
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...Theodore Roosevelt who gave investigative journalists the title of muckrakers, but it was Ida Tarbell who perfected the technique. Her father, a minor Pennsylvania oil driller, was nearly ruined by John D. Rockefeller. Twenty years later she settled the score with her scathing 1904 History of the Standard Oil Company, which described some of the robber baron's sharper practices and led eventually to the dismantling of his empire. But as Kathleen Brady, a TIME reporter-researcher, points out in a graceful new biography, the scourge of Big Business was not always bent on vengeance. Most of the time...
Many laid-off workers are thinking about getting out of the oil business for good. Daryl Helms, 31, of Andrews, Texas, had been a driller like his father until last Christmas night, when he lost his second job in little more than a month. Now Helms, who had earned $39,000 two years ago, gets $168 a week in unemployment benefits and has sold his car and used up his savings to help support his two children and his wife, who is working part-time. Says he: "I'm fixing to get out of the oilfields. I wish...
Davis, 55, has a passion for privacy. The son of a New York City garmentmaker, he amassed a fortune, believed to approach $1 billion, in 25 years of wheeling and dealing that have made his wholly owned Davis Oil Co. a leading independent oil driller. Davis has tried but failed to buy up other non-oil businesses, including the Oakland A's baseball team and the Denver Post. If he captures Fox, he will own not just a highly profitable movie studio but a budding entertainment and real estate empire. Fox Chairman Dennis Stanfill has been investing movie revenues...