Word: marathons
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Dates: during 1970-1979
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...some 2 million bbl. daily and is the cartel's fifth largest producer, were to take such a step, the additional squeeze on world petroleum supplies would be devastating. Even though Gaddafi has made bombastic threats before and never carried them out, the shares of Occidental Petroleum and Marathon Oil, both big users of Libyan crude, came under such intense selling pressure on the New York Stock Exchange that trading had to be briefly halted. Only later was it learned that the irresponsible threat was probably inspired by nothing more than pique. Earlier in June, a U.S. State Department...
...final marathon negotiating session ended at 2 a.m. Thursday, but the treaty documents could not be taken to Vienna until midday Friday. One reason: the Soviets in Geneva had to make do with primitive manual typewriters, cumbersome paper almost as thick as cardboard and a 1950s-vintage copying machine. If a typist made a single error, the page had to be retyped. The Americans used a high-speed word-processing machine; errors could be corrected almost instantaneously...
...question of Brezhnev's health casts a long shadow over the nearly completed Strategic Arms Limitation treaty-and indeed over all of U.S.-Soviet relations. If Brezhnev is unable to see the marathon negotiations through to the end, a settlement and signing might be delayed for months-perhaps indefinitely. The very prospect of the struggle for succession may have been an element in the repeated delays over the Strategic Arms Limitation treaty...
...major offenders, according to DOE, were Texaco, which is accused of some $888 million in overpricing, and Gulf Oil, with $578 million. Behind them came Standard Oil of California, Atlantic Richfield, Marathon Oil, Standard of Indiana and Standard of Ohio...
...where prices are federally controlled. They had large increases that only seemed puny when compared with the others, which enjoyed gains that ranged from impressive to downright startling: SoCal's ARRIS earnings rose 43% over the past year, Gulfs profits increased 61%, and Texaco's were up 81%. Marathon Oil had a rise of 108%, while Amerada Hess jumped 279%. Standard Oil of Ohio, holder of a large and profitable stake on Alaska's North Slope, increased 303%; Continental Oil, which owns Consolidation Coal and suffered a slide in income during last I year's coal strike, posted a stunning...