Word: mobilize
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...companies are naturally unhappy about once again being cast in the role of the heavy. Mobil Oil lawyers have met privately with MGM officials to object. Says a Mobil spokesman: "This is not even a good piece of fiction." The clear winner from the film is Marlon Brando, who received a reported $250,000 a day for ten days' work. That is a real formula for making money...
...also stepped up its use of alcohol as motor fuel. Gasohol is currently being marketed through some 10,000 service stations owned or supplied by Texaco, Mobil, Amoco, Phillips and a few smaller independent petroleum companies. It is unlikely, however, that Americans will turn to pure alcohol in place of gasoline. The U.S. does not have a surplus production of sugar. Corn, the U.S.'s most plentiful crop, contains far less potential energy per ton than sugar. Moreover, any large boost in alcohol production from corn might drive up already surging domestic food prices...
...major oil companies contended they were at the mercy of OPEC. But the year between the first quarter of 1979 and the first quarter of 1980, Occidental's profits increased 236 per cent, Mobil's rose 105 per cent, and Exxon's jumped a tidy 102 per cent. Poor Gulf could only boast of a 56 per cent profit increase...
...Wyoming containing the richest reserves. Wyoming alone has eight times as much low-sulfur coal as West Virginia and Kentucky combined. At the moment, the Powder River Basin straddling Montana and Wyoming attracts the most mining. Arco, Exxon, Sun and Kerr-McGee are already clawing the land, while Shell, Mobil and Peabody are laying plans to share in the basin's 40 billion tons of recoverable coal...
...winner is the first one to triple the value of his starting capital. Twenty firms, including Aetna Life & Casu alty, Mobil Oil, W. R. Grace, Chase Manhattan and Esmark, paid $30,000 each for the publicity value of having their names appear on the game board...