Word: oilman
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Dates: during 1980-1989
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Another controversial decision by the university took place in July 1978, when a recognized Marxist, Bernell Oilman, then-an associate professor at NYU, was refused the chairmanship of the government department at the College Park campus...
Mesquite is part of the rancher's somewhat hard-bitten order of things. Its roots go deep. But they do not delve nearly as deep as the oilman's drill bits go, in another West Texas order of things, boring into the earth for money. It is sometimes a morally uncomfortable coexistence-the business of running cattle and sheep on the surface of the range vs. the business of taking oil from deep beneath...
...rancher shakes his head. "A cattleman's word is as good as his bond. But the oilman thinks that breaking his word is smart business. He even admires it." One catches, yet again, a faintly elegiac note, the hint of mourning for a more chivalrous, manly order that is collapsing. Raising beef in a nation terrified of cholesterol does not always retain either its profit or its romance. The rancher wonders (as he has for a generation or two) if the endangered species is not the man who rides the horse. -By Lance Morrow
Ever since Libya became the personal fiefdom and fortress of Colonel Muammar Gaddafi in 1969, it has been a treacherous place for Western oil companies to pump crude. In 1973 Gaddafi seized a 51% share of all U.S. oil operations in Libya and threw Texas Oilman Bunker Hunt out of the country altogether. But last week an oil company reversed roles and walked out on the colonel. Exxon announced that it was withdrawing all its oil and gas operations from Libya. The company will turn over to Gaddafi its 49% stake in oilfields capable of producing...
...Synthetic Fuels Corporation that the Carter Administration had designed to administer the multibillion-dollar program. Once in office, Reagan fired John Sawhill, Carter's nominee to head the corporation, but he decided to keep the agency alive. In Sawhill's place, Reagan appointed Edward Noble, an Oklahoma oilman who is skeptical about synfuels. Says Noble: "I have come to run a very hard-nosed, responsible operation that will require a lot from the private sector. I am not going to shoot the mule that has drawn the wagon, but I'm not going to spread...