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Word: gushers (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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Usage:

...right to explore for oil on a single 5,700-acre offshore tract in the Santa Maria basin off Point Arguello, Calif. Now that money looks like the down payment on a bonanza. Last month Phillips and Chevron announced that a test well had brought in a gusher, and expectations were heightened by several other successful drillings near by. Then last week Texaco confirmed the existence of a major oilfield by announcing crude flows from an 8,500-ft. well. Experts now say that the Santa Maria basin could be the biggest single find in the U.S. since 1968, when...

Author: /time Magazine | Title: Black-Gold Rush | 11/29/1982 | See Source »

...regional pride has been wounded and our heating bills have soared higher than a Texas oil gusher. Now that other states' aquifers have been sucked almost dry, they look to our Great Lakes for water.Never, I say! Let them eat their desert sand and drink their petroleum reserves...

Author: /time Magazine | Title: Letters: Aug. 23, 1982 | 8/23/1982 | See Source »

...most stunning drop in profits was suffered by the big oil companies. Only two years ago, when petroleum prices were spiraling, the oil giants posted quarterly profit gains of 100% or more Now that the recession and the worldwide oil glut have caused prices to start falling the gusher of petroprofits is over, at least temporarily. Exxon's first-quarter earnings dipped 23%, Mobil's were down 49% and Standard of California's dropped a sharp...

Author: /time Magazine | Title: Earnings Slump | 5/10/1982 | See Source »

...first class." But in recent years this sprawling, state-chartered institution, with 48,000 students, 2,100 faculty and 6,300 courses, has been playing a kind of academic catch-up game-raiding superstar talent from the faculties of such schools as Harvard and Princeton. Its weapon: a gusher of endowment money, fueled by oil wells on 2 million acres of West Texas land donated by the state in 1883. Says U.T. Vice President William Livingston: "All the money in the world won't create a great university. But you can't create a great university without...

Author: /time Magazine | Title: Education: Best Faculty Money Can Buy? | 4/26/1982 | See Source »

...success in tracking down uptapped pockets of the precious fuel. In 1978 the Columbia Gas Transmission Corp. struck gas in Mineral County, W. Va., with a well that gushed 10 million cu. ft. of the fuel per day. A year later, the company tapped into a second natural gas gusher producing 8.8 million cu. ft. daily. Such start-up production levels are comparable to major wells in gas-rich Louisiana and Oklahoma...

Author: /time Magazine | Title: Seeking New Oil in Old Fields | 4/6/1981 | See Source »

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