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...result of the national drive for greater energy independence, the Permian Basin is booming again. Now rising above the West Texas city of Midland (pop. 63,000), which serves as the white-collar headquarters town for the oil companies operating in the area, are a multimillion-dollar 14-story office tower and that symbol of a successful city, a Hilton hotel. A half-hour's drive away is Midland's twin city, Odessa, a blue-collar town built around a sprawl of refineries and oil-well service and supply firms. There the boom is reflected...

Author: /time Magazine | Title: INDUSTRY: A Golden Flood Returns | 1/27/1975 | See Source »

Odessa and Midland sat on the prairie like towns in which the clocks had stopped. Oilmen capped marginal wells, sold their drilling equipment abroad or simply abandoned it in the fields; oilfield hands moved on to Canada or Alaska, or took other jobs. But then, in September 1973, Congress allowed "new" oil-produced above a 1972 base level -to float up to the world price, now about $11 per bbl. Suddenly, the producers, promoters, roughnecks and fortune hunters flocked back in droves to the oldtime West Texas boomtowns -and they are still coming...

Author: /time Magazine | Title: INDUSTRY: A Golden Flood Returns | 1/27/1975 | See Source »

...explosive growth of Odessa's population-from 93,000 to 102,500 last year. Even those with money are often forced to leave for lack of a home, and Odessa churches and citizens have bought dozens of bus tickets for the destitute. Housing is somewhat more plentiful in Midland but is far too expensive -and distant-for the average oil-patch laborer. "Midland is a good place to raise children," goes the local saying, "Odessa is a good place to raise hell...

Author: /time Magazine | Title: INDUSTRY: A Golden Flood Returns | 1/27/1975 | See Source »

National Airlines, the nation's tenth largest carrier, canceled all of its flights after the International Association of Machinists and Aerospace Workers walked out July 15. In Lordstown, Ohio, production of Chevrolet Vegas was halted when a United Auto Workers' unit struck, and in Midland, Mich., a United Steelworkers' unit reached a tentative settlement of an 18-week work stoppage against Dow Chemical...

Author: /time Magazine | Title: LABOR: Uncivil Servants | 7/29/1974 | See Source »

...Winthrop House and Lafayette, Ind.; Robert K. Lazarsfeld of Quincy House and New York, N.Y.; John J. McCarthy III of Quincy House and Stoneham; Richard P. Mendelson of Winthrop House and Jacksonville, Fla.; Bruce R. Musicus of Eliot House and Chicago, III.; Rhesa L. Penn of North House and Midland, Texas; Mark E. Robbins of Lowell House and Toledo, Ohio; and Steven S. Rosenfeld of Leverett House and Lancaster...

Author: NO WRITER ATTRIBUTED | Title: PHI BETA KAPPA ELECTIONS | 4/19/1974 | See Source »

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