Word: oilmen
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Because the U.S. now has an oil surplus, U.S. oilmen have been bringing pressure in Washington to cut down imports of foreign oil. Faced with that possibility, Alberta's producers have had to consider alternatives. One might be to pipe the oil from Regina to Port Arthur (see map). Another might be to carry oil to Duluth by pipeline under bond, then ship it by tanker to industrial cities in eastern Canada...
Mexico clung to its present restrictions on foreign exploration, a loan "would be a disservice" to it and the U.S. Since oilmen guessed that Canada, in five years or so, would be one of the world's major producers of oil, it looked as though the longer Mexico waited, the slimmer would grow its chances of developing its oil lands...
...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...