Word: oilmen
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...Henri Wilhelm August Deterding, K. B. E., head of Royal Dutch Petroleum Co. and Shell Transport & Trading Co., Ltd., sat at a large mahogany table and ate an Edam cheese sandwich. Around the same table some 20 potent oilmen sat, discussed petroleum and how not to produce too much of it. To Sir Henri, munching his pungent delicacy, might have come memories of the days in which he and John Davison Rockefeller would have constituted an extremely effective quorum on world oil-questions. What battles he had had with the old Standard Oil! How well he remembered the time when...
...interest to all businessmen, of vital im portance to oilmen, was President Hoover's an nounced decision, last week, to allow no further private development of U. S. -owned oil lands...
Some of the country's more potent oilmen met at St. Louis, last week, to see what could be done about the overproduction, from which their industry has long been suffering (TIME, Dec. 17). Oklahoma operators agreed to cut production from 700,000 barrels a day to 650,000. Meanwhile, however, Texas and California oil fields continued on an unlimited production basis. Unless a national agreement covering all oil fields is reached it would appear that regional agreements can effect no major improvement. Present U. S. production is approximately 2,690,000 barrels a day and wildcatting (opening...
...major honor in chemistry. He was chosen by a jury of twelve good chemists and true; the medal was presented by the Chicago section of the society. Atomic pictures are not his only passport to professional prestige. In various oil-and-water experiments he has earned the gratitude of oilmen. By pouring oil on water and letting the oil layer spread out to the thickness of one molecule he has been able to measure the exact size of the molecule and calculate the force with which it clings to the water...
Last week he tried again, this time remarking, with carefully prepared smirks and innuendos, that members of the Wilson Cabinet had entered the employ of Oilmen Sinclair and Doheny after leaving office; that Senator Walsh had praised Oilman Doheny when the latter gave advice on the legislation that made the Oil Scandal possible...