Word: oilmen
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Dates: during 1930-1939
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Sued. Albert Bacon Fall, onetime Secretary of the Interior; by the U. S. Government to recover $158,127 in back taxes plus $77,198 penalties, on monies (including a $100,000 bribe) unreported in his income tax returns but proven to have been received by him from Oilmen Edward Laurence Doheny and Harry Ford Sinclair...
Last week the Hoover conservation policy received a severe legal jolt when Associate Justice Jennings Bailey of the District of Columbia Supreme Court ruled that Secretary Wilbur had exceeded his authority under the Act of 1920. Two oilmen, Richard D. Vedder of California and Roy C. Barton of New Mexico, had asked Secretary Wilbur for a prospecting permit on U. S. lands. Secretary Wilbur had refused to receive their application. They sued for an order (mandamus) compelling him to consider their application as the law required...
Totally unexpected, "the best day in over a year" came to oilmen last week. Giving the day its supremacy were two items. First was the raising of crude prices by Standard of California, then by other producers of the State. Second was the upholding of the California natural gas conservation law by the Superior Court of Los Angeles. Both actions may have far-reaching effects. Standard's move, first advance in California since August 1928, was said to be in the nature of a reward for producers who have cooperated in curtailing production, but it started reports that other...
...contract for Soviet refined products. It was this buying of what Shell calls "stolen oil" that precipitated the conflict between the companies three years ago. Complicating the affair this time is Shell's recent invasion of the Atlantic Seaboard and, more recently, the Rockies. Other U. S. oilmen are not concerned by a Shell-Standard fight that takes place in India and the Far East, but would all feel it should Shell carry the fight...
Especially important to oilmen seemed object No. 2, for from California's wells have oozed troubles which have spread over the entire industry. In an attempt to eliminate overproduction by forcing independent operators to limit their output, Standard of California began cutting crude oil prices, sent great quantities of gasoline east as cheap as 6 cents a gallon in shipload lots. To meet this new level in the price of petroleum products, Standard of New Jersey through two subsidiaries* cut crude prices from 19? to 41? a barrel...