Word: oilmen
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...important subject, made by Ickes' Foreign Operations Committee of 13 U.S. oil executives and two British representatives, leaked out, via the New York Times. Then Honest Harold released the full text, which he had not yet read. With a bang, the honeymoon between Ickes and the oilmen was over...
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...
When he tested his oil mine in Franklin last week,. Ranney had as backers the Pennzoil Co. and nearly a score of other companies and oilmen. They believe that the Ranneywell may be a godsend to the dwindling U.S. oil supply. Ranney believes that it could tap 60% of the 6,364,000,000 bbls. in the Pennsylvania region unobtainable by previous methods...
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...