Word: oilmen
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...year, has no track record for finding oil. It has obtained oil and gas leases for 750,000 acres in the Rockies, as well as for 46,000 acres in California's Imperial Valley. This month it will start drilling in North Dakota. But so far Eagle oilmen have never even sunk an oil or gas well...
...intimidated Libyan dissidents in the U.S. and played a role in the attempted assassination of a student in Colorado. The same day the State Department issued the first of a series of statements urging U.S. citizens to leave Libya and avoid visiting it-a warning ignored by U.S. oilmen. Later the U.S. announced that it would help to bolster the defenses of Libya's neighbors, Tunisia and the Sudan, to "deter further Libyan adventurism." In late July, erroneous reports were published that the U.S. Central Intelligence Agency was planning to assassinate Gaddafi. This in turn caused a Libyan group...
Inflation leaps, the dollar sags and U.S. oilmen scream...
...American oilmen argue that the Trudeau policy has depressed the stock prices of U.S.-owned Canadian companies, including Gulf Canada Ltd. and Texaco Canada Ltd., forcing down their values by an average of 15% during the first month alone after the program was announced. Moreover, Canadian companies, in cooperation with Canadian banks, have hit upon a technique for forcing the U.S. companies to sell out at the depressed market prices. Flush with seemingly inexhaustible credit from the banks, the Canadian companies have been buying up big blocks of stock in American firms, then offering them back to the U.S. companies...
...farm land that stretch out south of Cheboygan. Ernest Hemingway set some of the action for his Nick Adams stories in this area. Noted until now for little more than its austere beauty and fine lake fishing, the region these days features increasingly frequent sightings of Texas and Oklahoma oilmen in boots and cowboy hats, and New York and Dallas bankers in Brooks Brothers suits. "I don't think anyone is being too optimistic," says the state's Lieutenant Governor, James Brickley. "I find oil people generally to be cautious. But there is definitely an optimism here...