Word: oilmen
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Dates: during 1940-1949
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...reached Oklahoma City, 35 miles north. In front of the 33-story First National Bank building, Bill Brannan spread it as he hawked his papers to the leasehounds who make their fairweather "offices" around his newsstand. Atop the building, in the swank Beacon Club, the talk of better heeled oilmen was the same: "Carter brings in new pool . . . she's bubbling out of the hole right now." For the Cottingham mud had tested 50% good crude, 50% mud and drilling water-no salt. By week's end the new well flowed at the rate...
This sentence, a well-worn cliche to economists and oilmen, is still news to millions of Americans who think first of their thousands of airplanes, their Army and Navy, their two great oceans, their enormous productive capacity. Harry Truman, Senator from Missouri, used the words as the basic premise of a report made by his investigating committee this week, in an attempt to get all Americans to realize that, without oil, the U.S. would be militarily and diplomatically helpless...
...Alcohol. The famed Baruch rubber report handed oilmen the big job of butadiene production for Buna S (75% butadiene plus 25% styrene equals Buna S.) Oilmen were to turn out 65% of all U.S. butadiene production. The remainder was to come from the alcohol process, which was loudly damned as a farm-bloc plot to use up surplus grain...
Plenty of Kinks. But the petroleum process is not pulling its weight. The plants are from six to nine months behind construction schedule, are still only 85% completed. The flow of butadiene from them is discouragingly small. Oilmen wrathfully blame the delay on ex-Rubber Boss Jeffers, who gave the alcohol-processing plants a long head start by handing out super-duper priorities to all of them. The oilmen got what was left...
...Rubber Boss Dewey calmly points to the glowing alcohol-production record to prove that the program was right, the oilmen wrong. The hard fact is that the much simpler alcohol process ran into fewer production kinks than those which knotted up petroleum butadiene production, split as it is among 13 companies, tinkering with five different processes. What worked like a dream in the laboratory is turning out to have some nightmarish bursts in big-scale production. Best example: the Houdry Process, widely publicized a year and a half ago, has yet to get into satisfactory production...