Word: oilmen
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Dates: during 1940-1949
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...cotton growers, oilmen and cattlemen of the Lower Rio Grande, it was as historic a moment as the coming of the railroads. Through the waterway, freight barges could be towed all the way from Brownsville, Tex. to Florida-1,116 miles -without exposure to the open sea. Cried one Texan: "A shining strand linking together those jewels of progress into a fabulous necklace along the curving bosom of the Gulf...
...zone, California's independent Oilman J. Paul Getty offered a reported $9,000,000 down, a minimum royalty of $1,000,000 a year, a royalty of 55? a barrel, and a 25% interest in the company. This was so much more than any other company offered that oilmen were aghast. Furthermore, the world oil supply was already so ample that U.S. imports from the Middle East and Venezuela are being cut back. Last week there were signs that gasoline prices might soon be coming down. In view of that, Getty's rivals thought he would have...
Long irked because U.S. oilmen pooh-poohed their efforts, Albertans could bask at last in recognition from Tulsa's Oil and Gas Journal: "Probably the most noteworthy development in the Western Hemisphere is the rapid rise in 1948 [oil] output in Canada...
...Done. As 1948 began, oil was so short that oilmen worried about a .return to rationing (during one cold spell, New York City had to beg oil from the Navy to keep its hospitals and schools warm). To stave off rationing, oilmen earmarked $5 billion for expansion in 1948-49 and worked as never before. Wildcatters roamed the U.S. far & wide, looking for oil in the most unlikely places...
...members of Iraq Petroleum to share & share alike in any new exploitations roughly within the old Ottoman Empire, as shown by a red line that oilmen drew...