Word: integrated1
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Ready to Wait. For Indiana's enterprisers, who are bidding for a choice zone around the capital city of Riyadh, Tariki hiked his opening demand to a 60-40 profit split, also "integrated1' right up to the gas pump. Indiana's President John Eldred Swearingen publicly rejected these terms last week, but was obviously ready to bargain further. Foreign oilmen pointed out that Tariki's deal with the Japanese promised at best small profit in limited markets, and only after years of waiting; Western companies alone, with their tanker fleets, refining facilities and extensive marketing systems...
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