Word: oilfield
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Dates: during 1980-1989
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...with oilfield workers: "Life isn't as quiet as it used to be. Or as nice either...
...that a resident who offered to lease his chicken coop for $85 a month promptly found a tenant. The town's 2,500 trailer spaces are filled, and the waiting list runs into the hundreds. Doug Melton, 26, moved from California several months ago and works as an oilfield laborer, but he and his brother David live in a tepee seven miles out of town. Says Melton: "No way am I going to lay out $ 1,000 a month for a motel room...
Walter G. Hibbs, 42, whose oilfield tool companies in Houston earn him more han $100,000 a year, protects part of his ncome through a second business venture that leases air compressors to oil-well operators. The oilfield equipment benefits from complex tax credit carry-forwards and depreciation, thus accumulating losses that are used to offset his leasing-company profits. Says Hibbs proudly: 'We've never paid a dime in taxes on those profits...
...Andrei Mikhalkov-Konchalovsky. The Soviets have lost neither their taste for, nor their skill with, the epic historical drama. Siberiada traces the history of an obscure Siberian village from snowbound primitivism and isolation at the beginning of this century through war and revolution, to the discovery of a great oilfield in the late '60s. Like Dovzhenko before him, Mikhalkov-Konchalovsky has a way of linking a peculiarly Russian feeling for the sacredness of native ground with the developing force of the revolution...
...What should I do more to prove it? With my colleagues, I was instrumental in signing a peace treaty with Egypt. My colleagues and I gave back to Egypt the whole Sinai Peninsula, including two airfields considered among the most sophisticated in the world. We gave back the Alma oilfield, which we discovered and drilled. We got a fourth of our annual oil consumption from that field at a cost of $150 million. We returned it for the sake of peace. I may blush when I say this, but when Vice President Mondale came out to greet me at Andrews...