Word: mobilizers
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...lower U.S. consumption of gasoline is even holding down prices a little, at least for the moment. According to some Department of Energy officials, only half of U.S. gas stations are now charging the maximum legal price. Since late May, Mobil, Atlantic Richfield, Gulf and others have shaved 1? to 3? off their prices. Though 1960s-style gas wars are unlikely, some price competition is occurring among stations in close proximity to one another...
ALASKA AND ARCTIC CANADA. Geologists reckon that this may be one of the world's best bets. Mobil and Exxon are looking in "iceberg alley" off Canada's east coast, and a dozen companies have been aggressively exploring the Canadian Arctic, especially the Beaufort Sea, where significant oil and gas have been found. But in U.S. territory near the famous North Slope fields oil explorers have not sunk many wells because of court actions brought by Indians and environmentalists who are worried about, among other things, disturbing the migration of the bowhead whale...
...increasingly difficult for Harvard's Fellows to ignore the implications of these holdings, and more unlikely that the controversy will fade away. The Root Of All Evil Harvard's Top 15 Investments IBM $56,900,000 Schlumberger $55,200,000 Exxon $52,600,000 AT&T $51,700,000 Mobil Oil $48,300,000 Standard Oil (Cal.) $45,200,000 Atlantic Richfield $33,000,000 Standard Oil of Indiana $29,500,000 Getty Oil $26,300,000 Superior Oil $25,500,000 General Reinsurance $23,200,000 Halliburton $19,200,000 General Electric $17,700,000 Xerox...
...rose 25% thanks in part to hotel and casino revenues and the profitable licensing of TV rights to Gone With the Wind, boasted two officers in the top 15 in addition to Rosenfelt: Executive Vice President Barrie Brunei ($2.5 million) and Board Director James Aljian ($1.8 million). Two of Mobil Corp.'s top executives were also in the millionaires' club: Chairman Rawleigh Warner Jr. ($4.3 million) and President William Tavoulareas ($2.3 million). The fourth top earner was Richard Vieser, executive vice president of the electrical equipment manufacturer McGraw-Edison ($2.6 million...
...Nonsense," Featherless said severely. "We could do better by making them happy. Suppose that instead of punishing Exxon, Mobil and Shell, we rewarded them...