Word: oilmen
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Dates: during 1940-1949
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Peruvians believed they had gone more than halfway by cutting combined royalties and export tax from their present high of 37%. And three factors might well influence oilmen to agree...
Freedom for Oil. With the oil industry he made an uneasy peace by promising to suspend price ceilings soon on all petroleum products. As oilmen have vociferously pointed out, the supply of most petroleum products is now equal to demand. The only shortage is fuel oil, and the coming of warm weather should ease that...
...despite these criticisms, the oilmen did not deny the ultimate effectiveness of the crushing weight of bombs unloaded by Allied airmen. The rubble of German industry proved the irresistible power of air assault. No German countermeasures had done more than postpone destruction. The only defense against air attacks, the oilmen concluded, is to keep them from ever starting...
Senator Tobey: Did you ever tell Mr. Ickes that the filing of the Government test suit would be a political mistake-get this carefully, please-and that if you could assure California oilmen that the suit would not be filed, you could raise several hundred thousand dollars from them in campaign contributions...
Tobey: Mr. Pauley has stated under oath that he had done nothing to stop the filing of that suit. Did Mr. Pauley . . . ever tell you that the filing of that Government suit would be bad politically, that several hundred thousand dollars could be raised from California oilmen if they could be promised that the suit would not be filed...