Word: oilmen
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...would be the real beneficiaries of the President's tax-cutting initiative? They are people who include the charter members of the Bush "Pioneers," the corporate executives, lawyers, oilmen and others who each raised more than $100,000 for the President's election campaign. People like Maurice (Hank) Greenberg, chairman of American International Group (AIG), the global insurance carrier that has been the beneficiary of many special-interest laws over the years...
...island nation of Sao Tome and Principe, which sits on perhaps 4 billion bbl. of crude, is also attracting foreign oilmen. These upstart oil-exporting nations join such established giants as Nigeria, which plans to increase its daily output from 1.9 million bbl. to more than 3 million bbl.; Angola, which wants to double its almost 1 million bbl. daily output; and Gabon, which is encouraging more deepwater exploration to prop up declining production. All this action makes the waters off West Africa one of the hottest places for oil exploration in the world. Says Al Stanton, an oil analyst...
...barrels of oil a day through a $3.7 billion, 1,070-km pipeline - Africa's biggest-ever infrastructure project - that transverses Cameroon. The island nation of São Tomé and Príncipe, which sits on perhaps 4 billion barrels of crude, is also attracting foreign oilmen. These upstart countries join such established giants as Nigeria, which plans to increase its output from its current 1.9 million barrels per day to more than 3 million; Angola, which wants to double its almost 1 million daily output; and Gabon, which is encouraging more deepwater exploration to prop up declining...
...Highway from South 139th Street to South 272nd Street that ran along the airport south of Seattle for about eight miles. The strip was lined with bars, strip clubs and motels that book rooms by the hour. In the early '80s the area drew a steady stream of Alaskan oilmen, off-duty sailors and local men in search of fleeting assignations. The women would stand out on the street waiting for customers, and during Seattle's frequent downpours, would take cover in bus shelters or convenience stores...
That night the old ways were very much alive. The gala, which raised almost $24 million, has been criticized as a prime example of Washington's salesman culture. A TIME investigation reveals just how excessive it was: at tables sold for $25,000 apiece were oilmen seeking to lift U.S. embargoes against Iran and Libya; nuclear-plant owners looking for government backing of a burial ground for reactor waste; and coal, refinery and utility executives out to ease pollution standards. In addition to writing the kind of huge soft-money checks that the reform bill would outlaw, energy firms lent...