Word: mobility
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Dates: during 1960-1969
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...Flexibility" was the word used by Mobil Oil Chairman Albert L. Nickerson, who is also chairman of the Business Council, an advisory group for the White House. When Middle East hostilities either slowed or stopped production at Mobil's holdings in Saudi Arabia, Iraq, and Iran, the company merely dipped deeper into its vast North American reserves and substituted Western Hemisphere petroleum for Middle East oil that could not reach Europe quickly because of the Suez Canal closure. As a result, Nickerson reported third-quarter earnings up 6.8%, to $93.8 million. Jersey Standard Chairman Michael L. Haider announced that...
...local official threatened to expel them. Poland's Tadeus Kantor shows that the Iron Curtain has long since popped wide open with his portrait collage of a stuffed shirt (with shirt). France's Baldaccini Cesar took another of the ten minor prizes with his sculptures of Mobil Oil cans and plastic. He disdained it, snorting "Ask Pablo [Picasso], or Sartre, or Fidel Castro. They will tell you whether I should be insulted...
Balconies Too. The idea was to make the whole thing look like a South Sea archipelago. In February 1965, a consortium of oil companies (Texaco, Humble, Union, Mobil and Shell) went to work hauling in rock and sand fill to build four ten-acre islands. Palm trees as tall as 60 feet were transplanted from Santa Barbara and San Diego, and architects were put to work sketching terra-cotta and steel shells for the oil rigs, designed to look like handsome balconied apartment buildings and soundproofed to keep the drilling noise from echoing across...
...bargain rentals have attracted scores of prominent customers, among them, General Motors, General Foods, A.T. & T., Boeing, Monsanto, Aerojet-General, Mobil and Sinclair Oil. The scheme involves merely a financial juggle, and the equipment is often picked by the user to fit his own needs. Strange as it seems, computer makers regard the leasing companies as welcome intruders, partly because their purchases help meet the manufacturers' need for vast amounts of cash to pay for research and development. IBM, with 70% of the U.S. computer market, dares not use its size to crush the dis count lessors, because...
...from Iraq to Tripoli and from Saudi Arabia to Sidon. Both lines run through Syria, whose extremist regime opposed ending the embargo and could easily close either line by twisting a few valves. The Trans-Arabian pipeline, jointly owned by Texaco, Standard Oil of California, Standard Oil (N.J.) and Mobil Oil, has been shut since the fighting erupted. Because some 20 miles of it runs through former Syrian territory, now occupied by Israel, the oil firms at week's end still hesitated to provoke Arab sensitivities by restarting the pumps...