Word: oilman
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Dates: during 1990-1999
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What?s another few hundred million when you?re talking about Texas football? Energy billionaire Robert McNair was oilman-frank about how he brought the NFL back to Houston ?- by going "higher than any reasonable person would go" with a negotiations-ending $700 million bid for a franchise. "We knew we differentiated ourselves," he said. Result? Two groups (one led by Hollywood power broker Mike Ovitz) that wanted to bring a team back to oft-abandoned Los Angeles are going home unhappy. And the price of a sports team ? which these days comes with the additional cost of the kind...
Global warming, tanker spills in Alaska, the Gulf War: the thread running through all these tragic events is America's dependence on oil. Will a former oilman from Texas, George W. Bush [CAMPAIGN 2000, June 21], lead America to a future of alternative fuels? Where does his allegiance lie? In all likelihood the presidential election in 2000 will be a showdown between Bush and Gore, and the emphasis placed on environmental policy will be a clear way to distinguish between the two candidates. Is the public informed and mature enough to understand the importance of moving away from fossil fuels...
...EVANS Top Texas oilman corrals G.O.P. wallets for George W. Next job: measuring Energy Dept. drapes...
...eyes. He helped put together the group that bought the Texas Rangers baseball team and plotted a run for Governor. It was as if someone had thrown a cosmic switch and his future came into focus. "Let's face it, George was not real happy [in Midland]," says oilman Joseph O'Neill, one of his closest friends. "It's the first-son syndrome. You want to live up to the very high expectations set by your father, but at the same time you want to go your own way, so you end up going kicking and screaming down the exact...
...optimistic, but a sign that high hopes weren't warranted had come in late 1983, when the First National Bank of Midland collapsed under the weight of bad loans. "We had a saying that year," says oilman Don Evans, now national finance chairman for Bush's exploratory committee: "'Stay alive till '85.'" But '85 was worse. Oil prices sagged, and investments dried up. By December, rumor had it that oil prices were about to plunge, and it happened right on schedule in January 1986. As prices cratered, those who had been using their oil reserves as collateral defaulted...