Word: oilfield
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Dates: during 1940-1949
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...example of this new type of Texan is Dallas' Glenn McCarthy, a brawny oilman who started out as a roughneck in an oilfield. He made a fortune wildcatting, added to it with a string of oil companies. One of the few to foresee the revolution a-coming, McCarthy poured his oil profits into a natural gas company, set out to sell it to industry. Six months ago, he started a $3,000,000 plant to produce chemicals, hoped to show the way for other Texans to follow...
Unlike his predecessors, Roy Turner is no professional. Until he jumped into the Democratic primary last spring, his only previous political experience was a job on the Oklahoma City school board. But he had made a fortune in the Oklahoma City oilfield and a statewide reputation as the owner of a famous ranch in the "Hereford Heaven" country...
...Last Drop. At first Dr. ZoBell did not think much of his find, but oilmen heard about it and jumped at it eagerly. Their interest was based on a sad and simple fact: no known extraction process gets all the oil out of an oilfield. Much of it stays below ground, sticking to rock particles. But if the bacterial process works, this oil can be got at, and exhausted oil pools will yield a valuable "second crop...
Fruits of Indigestion. Among its $20 million assets, W. & K. now owns hotels, apartments, a nightclub (Manhattan's glittering Monte Carlo), shipping piers, warehouses, a steamship company, shopping centers in Denver, Houston and Atlanta, a nine-mile railroad and a 2,300-acre oilfield in Louisiana (one well came in last fortnight from a depth of 10,000 ft.). To avoid pyramiding, each new permanent project has been financed independently...
Last week, after a month as owners of the weekly Rangely News, the sisters incorporated and planned to stay awhile. Oilfield roughnecks were glad. Said a rigman: "They're good scouts . . . and they don't try to shake nobody down...