Word: oilmen
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Dates: during 1940-1949
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News of a sensational new method of getting oil spread through the Pennsylvania oilfields last week like the report of a great new gusher. On Thanksgiving Day a group of oilmen had gathered in Franklin, Pa. around an oil well whose like they had never seen before-a sizable hole in the ground that looked more like a coalmine shaft. Someone threw a switch, setting off 12,000 Ib. of explosives deep underground. There was a rumble, a burst of steam and gas from the hole, and then an amazing flood of hundreds of gallons of oil and water from...
During 20 prewar years Ranney's idea made no headway among oilmen, but he found that his scheme was just as good for tapping sources of water and gas. He drilled Ranney horizontal water wells in London and Lisbon and for 20 U.S. industrial plants, started a $20.000,000 water well in Paris just before the war. In Sydney, Australia, a Ranneywell yields...
Watson's endorsement caught Johnston in the middle of a speech to oilmen in Fort Worth. The U.S. Chamber of Commerce's slick young (46) president stepped off the rostrum, gave the press a statement : "I am not a candidate for any public office. I do not want to live at either end of Pennsylvania Avenue. I would rather live at either end of Main Street of any good American town...
Lightly held in his big fingers was a check for $1,500,000 that had not yet quite left the hand of Mexico's Ambassador to the U.S., Dr. Francisco Castillo Nájera (see cut). In the heart which other oilmen think pumps oil instead of blood, was the knowledge that once again Sinclair Oil Corp. had struck a gusher while the rest of the industry struck rock...
Army's Contract. To Washington and Whitehorse and Norman Wells shuttled U.S. and Canadian officials and oilmen. Finally a contract was signed by which the U.S. Army would help develop the field. It would also build a pipeline of some 500 miles for the crude to a U.S. refinery at Whitehorse, plus gasoline lines to Skagway (on tidewater), Fairbanks, and the airfield at Watson Lake. In all. some 1,600 miles of pipeline, over the toughest terrain imaginable, plus an oilfield as industrially remote as Africa...