Word: oilmen
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Dates: during 1930-1939
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...exist. At the same time Texaco announced the election of three new directors representing estates of Texaco founders and the resignation of Henry G. Lapham, Boston broker and donor of Yale's famed field house, who had wanted to leave Texaco for the last six months. Oilmen nodded knowingly at Texaco's explanation of the real reason for Mr. Holmes's present accusation: "Mr. Holmes's resignation was not due to differences of opinion in respect to ... policies but to his intolerant attitude towards his executive staff, members of the board . . . and the executive committee...
...Nourmahal to go fishing last week President Roosevelt appointed a Planning & Coordination Committee for the oil industry. It was the last big jig in the Government's design for oil's recovery. Congress had granted the President power to regulate oil shipped in interstate commerce. Oilmen had signed a code. Secretary of Interior Ickes had been named oil administrator. To oilmen most important of all was the P. C. C. Its 15 members would settle the key question of price-fixing. Checking off the appointees last week, oilmen soon saw that at least two-thirds...
...Oilmen heard, however, that the P. C. C. had decided to ask President Roosevelt this week to go ahead and price-fix. The ratio tentatively set is a barrel of crude at 18½-times the price of gasoline per gallon...
...Near and Far East. Standard of New Jersey abroad concentrates on Europe and South America. Jersey sold oil to Socony for its Chinese markets, but a large part of the production was shut in. Socony meantime was buying Russian oil for India, shipping kerosene from the U. S. Oilmen have long wondered why Jersey and Socony did not forge a closer hookup. The question became more pointed after Socony merged with Vacuum Oil two years ago, adding Australia and New Zealand to Socony-Vacuum Corp.'s Pacific empire. Last week it was learned that Jersey's Teagle...
...Oklahoma City, Oilmen Charles F. Urschel and Walter R. Jarrett were playing bridge on a porch with their wives when two black-haired bandits sneaked up with a machine gun. "Don't move or well blow your heads off!" cried one. "Which is Urschel?" No one answered. "Well, come along, we'll take both of you," he said. An hour later the kidnappers dumped Jarrett, unscathed, out of their car ten miles from town, sped away with Urschel. Mrs. Urschel, rich widow of the late Thomas B. Slick, "king of oil wildcatters" whose fortune once exceeded...