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Inside Job. The Paris press, suddenly waking up to what France-Soir called "the most extraordinary enigma in criminal history," screamed MURDER. As a horde of reporters and cameramen built the case into a sensational story, a stocky, methodical detective named Edmond Bascou, one of the Sûreté Nationale's best, took over the investigation...

Author: /time Magazine | Title: Medicine: The Puzzle of the 17 Patients | 9/8/1947 | See Source »

Soon after it was discovered, four years ago, Oklahoma's great West Edmond oilfield (TIME, Aug. 21, 1944) became the scene of a scramble. Many individual wildcatters and companies, using the greatest concentration of rotary drilling rigs in the world, began boring into its 30,000 acres in a furious race for oil. Last week West Edmond was the scene of an even more historic retreat. The companies who operate its 740 wells were getting ready to shut them down and pull out, with most of their equipment...

Author: /time Magazine | Title: OIL: Mandatory Co-op | 9/8/1947 | See Source »

Exodus from Plenty. The exodus did not mean that the field was running dry -far from it. West Edmond has yielded only some 60,000,000 of its estimated 600,000,000 barrels of oil. But at a time when the nation is fast using up its known oil reserves, West Edmond is flagrantly wasting its supply. To save the greatest possible amount of what remains, Oklahoma's oil-regulating Corporation Commission ordered "unitization" of the field, i.e., operating it as if it were a single lease. This was the most drastic step yet taken by any state...

Author: /time Magazine | Title: OIL: Mandatory Co-op | 9/8/1947 | See Source »

...waste at West Edmond is common to most fields. For lack of storage tanks, pipelines and nearby markets, operators have always "vented," i.e., burned off in flares or simply released, great quantities of natural gas. Aside from the loss in fuel, this practice has caused an even more important drop in underground gas pressure, by which much oil is brought to the surface. In West Edmond alone, venting last year reached an estimated volume of 250,000,000 cubic feet...

Author: /time Magazine | Title: OIL: Mandatory Co-op | 9/8/1947 | See Source »

...athlete of reality would know, according to Edmond Taylor, that journalists, political scientists and diplomats have built up a mythical picture of the political world: 1) by talking about issues instead of human beings, 2) by looking at the world from the distorting point of view of U.S. interests, 3) by creating a belief in "the certitude of certainty...

Author: /time Magazine | Title: Books: The Loyal Cultural Opposition | 8/11/1947 | See Source »

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