Word: oilmen
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Dates: during 1960-1969
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Currently Congress is considering a stiff bill to make oilmen liable for pollution in coastal waters. In Brussels last month, delegates from 49 countries met to tackle the problem of assigning liability for oil spills on the high seas. What is left unsolved is a really efficient way of removing oil from the ocean without further damaging marine life. In Manhattan last week, oilmen attending a three-day conference on oil spills, sponsored by the Federal Government and the oil industry, were told that spreading straw on top of the water is still one of the best ways...
...Senate, a kinder cut than the House version, which put the allowance at 20%. The difference -which amounts to about $100 million in tax revenues for each percentage point-will be resolved in conference. But neither the House nor the Senate ventured to restrict the oilmen's privilege to deduct for depletion long after the costs of drilling have been recovered many times over...
...worry is the oil industry. Maine still has no laws regulating oil spills, offshore drilling and the like. Yet oilmen are now surveying the state's harbors, the only ports in the East deep enough to berth the industry's ever larger supertankers. The key trouble spot is Machiasport, where three companies plan major refineries despite thick fogs and tricky currents that pose serious risks of tanker mishaps and oil spillage. Devoid of controls, says Cole, "the state is standing stark naked to the oilmen...
...consequences. In Canada's Parliament, legislators brought pressure on the government to declare the Northwest Passage Canadian territorial waters. Conservationists, too, were apprehensive. They warned that, because of the low annual temperatures, an oil spill in the passage would take decades, perhaps centuries, to dissipate. As for the oilmen at Humble, they were not willing to commit themselves beyond the Manhattan's return trip and another voyage next spring...
Captive Audience. On the morning of what Alaska's Governor Keith Miller called "a rendezvous with our dreams," Alaskans began lining up outside the auditorium at 3 a.m. to witness the spectacle. Between the time that oilmen presented their bids before 8 a.m. and the first results were announced at 10:28 a.m., Miller had a captive audience that any politician might envy. The Governor made the most of his opportunity, leading the oil executives through the Alaska Flag Song, introducing fellow Alaska politicians and screening a color film on the state. The audience was then treated by self...