Word: mesa
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...except the company's top executives knew that the bust was coming. Most of the stunned employees at Colony first heard the news on radio or TV. In Battlement Mesa, a half-finished company town built by Exxon, a few furious workers immediately went on a rampage. They overturned garbage cans, tore down company-owned fence and fired shotguns through the windows of their company-owned trailer homes. In the town of Parachute, 15 miles from the Colony site, men piled into O'Leary's Pub and the Old Bank Saloon, where they drank, pounded...
Some were not so free to go. Walter Saunders, 47, had moved his family from Virginia and bought a $91,000 home in Battlement Mesa. The house has lost perhaps a quarter of its value overnight. "I really don't know what's happening," sighed Saunders last week. "I guess we somehow try to fall back and regroup...
Sprawling across a dusty mesa outside Santa Fe, the stark gray pen-which guards and inmates alike call "the hell-house"-was the site of one of the country's worst prison riots. In February of last year convicts went berserk, killing 33 fellow prisoners, some with acetylene torches. Many of the victims were suspected of having broken the sacred code of cons everywhere: never snitch. Now trials are either over, under way, or imminent for 27 inmates charged with murder in the riot-and this, in turn, has inspired more bloodshed: Explains Joanne Brown, director of Adult Institutions...
...credit lines that can be used for a proposed merger. The same day last week that Du Pont claimed victory, all ten of the most active stocks on the American Stock Exchange were oil and gas firms. Some of the possible acquisition targets for the major energy companies: Pennzoil, Mesa Petroleum, Superior Oil, Marathon Oil, Amerada Hess and Murphy Oil. Texaco, which was an early suitor of Conoco, is reportedly considering a bid for Kerr-McGee, an Oklahoma-based oil company...
With cosmetics demand now far outstripping supply, the price of jojoba oil is soaring. In Mesa, Ariz., Processor Tom Janca sells 55-gal. barrels of jojoba oil for $6,900, almost triple last year's price of $2,500 per bbl. Says he: "We're trying to talk the big companies out of ordering too much. We just don't have enough seeds...