Word: gushers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...ventured a pretty good explanation last week. "What I think I may have tapped," he said, "is a reservoir much vaster than anyone ever contemplated, [a reservoir of] that pent-up, latent need to reidentify with national purpose." Hart, a canny political tactician, has taken full advantage of the gusher. He knew the media, eager for a loner-strikes-it-rich drama, would devote columns of type and hours of television air time to him. "It's like riding the wave," says Kathy Bushkin, his press secretary. "There's not much we can do to direct...
...unexpectedly, the proposed joining of the two giants set off a gusher of criticism from consumer groups and politicians. In Congress, critics threatened legislation either to block the deal or at least to prevent any further oil mergers. Thundered Ohio Congressman John Seiberling, a Democrat: "It is time to send a message to the oil industry-unrestrained mergers between huge companies suppress competition, endanger our energy independence and threaten productive drive in this country...
Gulf Oil's headquarters in Pittsburgh is a 44-story office tower that was once the tallest building between New York City and Chicago. Last week the 52-year-old landmark was pumping out a veritable gusher of rumors and speculation. The excited talk was caused by the arrival in Pittsburgh of Robert O. Anderson, chairman of Atlantic Richfield, and George M. Keller, who runs Standard Oil of California. The purpose of their separate visits: to determine, in meetings with Gulf Chairman James E. Lee, if deals could be arranged to buy Gulf, the U.S.'s fifth-largest...
...acres, in five years. He offered up huge tracts (as much as 40 million acres at a time) and cut the period between announcement of a lease to actual sale from 42 months to 22 months. Reacting to this steamroller, the states fought back with delaying tactics and a gusher of lawsuits. The result: a stalemate that held off some drilling and, not incidentally, hurt the Treasury (offshore leasing is its biggest source of revenue after taxes). As Elizabeth Raisbeck, an offshore oil specialist for the Friends of the Earth, saw it, "It was a leasing program out of control...
...resources of fuel, it must satisfy 65% of its energy needs with imported oil. For more than a decade, Ireland has been green with envy over Britain's North Sea petroleum windfall and has searched vainly for its own bonanza. Lately, though, Dublin has been awash in a gusher of speculation about a discovery in the Celtic Sea, which separates Ireland and Britain. Last week the rumors proved to be valid. Gulf Oil acknowledged that a test well only 20 miles south of the Waterford coast had produced a flow that suggests a sizable field. The early results, said...