Word: gushers
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...ventures in the oil industry have ever produced such a gusher of speculation. Early next month, engineers will drill a 14,000-ft. well near Jarim Reef off the island of Bahrain, a tiny Persian Gulf nation not far from the world's richest oil deposits. If the exploratory pipe hits crude, it will enrich a cast of investors that includes the Bass brothers of Texas, the Rupert family of South Africa, the Harvard University endowment fund and George W. Bush, the President's eldest son. If the well is dry, the episode will prompt shareholders to wonder why they...
Least Popular Industry, Lifetime Achievement Category Big Oil struck a gusher of bad publicity again. Little more than a year after the Exxon Valdez disaster, the industry got blamed by just about everybody for rising gas and fuel prices in the wake of the Persian Gulf crisis. Oilmen denied any profiteering, but several firms posted huge increases in earnings...
...depth, and Mobil and Chevron hold leases to search in 3,000 m (10,000 ft.) of water. As long as oil prices make the gamble worthwhile, today's explorers will apparently go to any depths to unleash the next great undersea gusher...
...reason is that a thriving financial industry brings jobs and income. South Florida's 100 international banks employ 3,500 workers and pump $800 million into the local economy. Even more appealing is the inflow of foreign capital. During the spend-and-borrow era of the 1980s, the gusher of flight capital into the U.S. from Latin America helped finance America's deficits. As in Hollywood, not many politicians were concerned about where the money was coming from. Alarmed by the tide, House Democrat John Bryant of Texas has long pushed for legislation to require disclosure of the identity...
...magic words "Marshall Plan" are already being heard. It worked once, didn't it, on a continent ravaged by war? Since Eastern Europe's factories and distribution systems are all intact, if bedraggled, shouldn't a little pump priming bring forth a gusher of goods...