Word: oiled
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...TAXES. House liberals balked at extending the 10% income tax surcharge, the most potent weapon available against inflation (see BUSINESS). In return for their support, they demanded a more thoroughgoing tax-reform package, including the oil-depletion allowances that have become a symbol of tax privilege. Only a last-minute personal intercession by Nixon saved the bill...
...importer, he was born in 1942 in a Hungarian enclave in what was then Rumanian-ruled Transylvania. He was raised in Italy, polished at the London School of Economics, worked for CBS News in Eastern Europe, later joined what he describes as a "consulting agency," whose chief clients were oil companies. He traveled in the Middle East, evaluating the stability of-governments in the area...
Help from the North. The whole debate has been intensified by the discovery of a huge pool of oil under the snows of Alaska's North Slope. The biggest new find in the U.S. since the East Texas strike of 1930, the North Slope promises to lessen U.S. dependence on oil from the Middle East. Walter Levy, internationally known oil consultant, estimates the find could run as high as 20 billion barrels, enough to increase U.S. reserves by two-thirds...
...necessary to spur further development. Despite the likelihood of a cut in the allowance, however, the managers of Atlantic-Richfield, British Petroleum and Jersey Standard believe that the find will be so profitable that they plan to invest $900 million in an 800-mile pipeline. It will bring the oil to the ice-free port of Valdez, Alaska. In order to expand its marketing of Alaskan oil, British Petroleum last week announced its intention of merging with Standard Oil of Ohio, whose stock promptly shot up 271 points to close...
...Humble Oil's executives, hoping to succeed where Explorer John Cabot failed, announced last week that they are fitting out,the 115,000-ton tanker Manhattan as an icebreaker for a pioneering-and perilous-test run through the long ice-choked Northwest Passage to the Arctic next month. Denver's King Resources Co., wagering that the Manhattan will make it, has drafted plans to build a deep-water port in Maine's Casco Bay. That port is even closer to the North Slope than Seattle is. No Alaskan oil is expected to be delivered...