Word: oilmen
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...Lately, however, businessmen have been taking another look at Peru. Early this month the government signed a contract permitting the U.S.-owned Occidental Petroleum Corp. to explore for oil and split its finds fifty-fifty with Peru. The terms came as a surprise to oilmen, and may touch off a scramble among foreign companies. Says one economist: "Oil could be the rabbit in the hat for the Peruvian economy...
...Marvin Watson, a Texas oilman and former high aide to President Johnson, told United Steelworkers President l.W. Abel last month not to waste money trying to re-elect Oklahoma Senator Fred Harris. Watson's implication was that oilmen have marked Harris, a former Democratic national chairman, for political extinction. They have never forgiven Harris for voting against one of their favorites, Russell Long, for Senate whip...
Billions of barrels of oil reserves are buried under the stark landscape of Alaska's North Slope. The problem is how to get this treasure to market. The best way, oilmen argue, is to pipe the crude across the breadth of Alaska to the southern port of Valdez, then tanker it to Seattle and Los Angeles. To date, oil companies have spent $300 million on engineering surveys, tanker contracts and special steel pipes. Yet the Federal Government has steadfastly refused to issue a permit to build the 789-mile-long pipeline across public land...
...waterproof jacket and stands, listening briefly for the fickle north wind that whips cruelly across the gulf this time of year. Then he sighs: "Well, 1 guess it's time to feed my young'uns." Somehow his words sound like a motto for the offshore oilmen...
...through the hull, sending the brand-new ship to the bottom. Two weeks later, an oil hold of the supertanker Mactra blew up in the Mozambique Channel; next day a blast blew apart the Kong Haakon VII off Liberia. Last summer there were two more tanker explosions. Scientists and oilmen were at a loss for an explanation...