Word: oil
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...that they are comfortable with their roles as corporate Medicis, sponsoring museum exhibitions and importing culture from the BBC for educational television, the oil companies appear to be going into social welfare programs. When Getty Oil last week signed a consent decree with the Department of Energy, which had accused the company of violating federal price regulations on crude oil, natural gas liquids and refined products, the $75 million settlement included a novel provision. Getty agreed to pay one third, or $25 million, into an escrow account to be administered by the DOE to "provide relief to economically disadvantaged people...
...fund may soon be swollen like a Christmas stocking with more cash. In the past 22 months, Paul Bloom, 40, the DOE's special counsel, has brought 150 enforcement actions totaling $7.2 billion in claims against 35 large oil companies for violating the complex, controversial federal price regulations. So far the DOE has won consent decree settlements amounting to $660 million from Kerr-McGee, Cities Service, Phillips, Gulf, Mobil and other companies. They agreed to settle by posting lower future price increases than the maximum allowed under Government regulations. Getty also chose this method for the remaining $50 million...
Though some of its oil competitors criticized Getty for giving in too easily, President Sidney Petersen signed the consent decree at least partly to avoid long litigation and a public relations black eye. Still hanging over the company are more DOE claims of at least $160 million for other alleged instances of overpricing oil and natural gas. This time Getty appears ready to go to court because executives are convinced they can prove to a judge that DOE is engaged in retroactive rule making...
...most famous Nativity anecdotes were gathered together in the 13th century by Jacobus de Voragine in The Golden Legend, a compilation of saint stories that became a medieval bestseller. Among other things, Father Jacobus reports that the water of a Roman spring turned to oil on the day Christ was born. But the most touching Nativity tales turned up in 14th century English mystery plays. In the York Cycle, a medieval playwright gives Mary rhymed lines that brilliantly extend the spirit and simplicity of Matthew and Luke: Now in my soul great joy have I am all clad in comfort...
...picture, but in this case the picture was worth nowhere near a thousand words. Cast as a young German in The Formula, French Actress Dominique Sanda appeared for a first reading with George C. Scott, who stars as a Los Angeles detective involved with both her and a synthetic-oil conspiracy, whatever that is, while investigating a routine murder. Scott found Sanda's French accent so thick that he had difficulty understanding her. That would make for bad acting and a bad movie. Change the fraulein, as Hollywood often does, to a mademoiselle? Great Scott, not in this case...