Word: houston
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Dates: during 1980-1989
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...price controls that they find the U.S. an attractive alternative market. This year Alberta-based oil and gas hunters will spend as much as $4 billion searching for energy in the U.S., vs. $1.5 billion to $2 billion spent at home. The International Association of Drilling Contractors in Houston estimates that by late spring there may be as many as 250 Canadian drilling rigs operating in the U.S. This would be more than a third of that country's supply of rigs. Already, about 50 Canadian energy-related firms have opened offices in the Denver area...
...well is one of the more than 1,000 new discoveries in the so-called Austin chalk, a complex geological stratum that lies between Houston and Austin. Oilmen have long suspected that the area held many "sweet pots" of oil and natural gas, but they always lacked the incentive and technology to find them. Now better seismic analysis and the skyrocketing price of crude have made it profitable to search out smaller deposits. Hamlets in the area like Old Dime Box and La Grange have turned into boomtowns. In Giddings, the epicenter of the oilfield, houses that rented...
DIED. John Gerber, 74, bridge champion who devised the Gerber convention-a bid of four clubs to find out how many aces a partner holds; of a heart attack; in Houston...
...bars (all three of them) by hordes of tourists. The gawkers find the joint a lot seamier and steamier than its movie version. Says one reformed Gilleyrat of his old crowd: "If they don't get into at least one scrap, they think their weekend is wasted.' Houston, which had a dozen cactus cabarets in 1975, now has more than 300, few of which care to emulate Gilley's Dodge City style. The most successful, Fool's Gold and San Antone Rose, are in affluent residential areas and cater to Gucci gauchos. A Houston-based conglomerate...
...mechanical bulls that tempt and toss the urban cowboy sell for $7,500 each, about $5,000 more than they cost Gilley's Bronco Shop Inc. in Houston to manufacture. The bionic beast is mounted on a pedestal and powered by a 5-h.p. electric motor that is operated by remote control. El Toro has graded levels of difficulty, working up from a bovine shimmy designated One to a shake-and-break Ten. The headless, vinyl-and-steel contraption was developed as a teaching aid for rodeo cowboys by New Mexico Inventor Joe Turner, who sold his patent...