Word: oils
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...eagle's nest-mountains stretching on over South Germany, into Ostmark, disappearing into the blue haze of distance in the south. Southeast lies Yugoslavia with its rich land of Croatia and the seacoast of Dalmatia stretching down the Adriatic. Eastward lies fertile Hungary, and Rumania with its oil wells, its grain, its ports on the Danube and Black Sea. Northeast, across what had been Czecho-Slovakia, lies Poland and the minute spot on the map known as Danzig, the present battlefield in Europe's war of nerves...
...last June heavy-jowled Oilman Harry Ford Sinclair, sick & tired of the red ink on the ledgers of his sprawling Consolidated Oil Corp., fixed his steely blue eyes on the brawling petroleum industry and made a statement for all to hear. Said he: "The price of [finished] products must go up or the price of raw material must go down...
Last week Consolidated Oil made its semiannual report, and by that time Harry Sinclair was hopping mad. For the first half of 1938 Consolidated had turned in a neat net of $4,000,341. But for the first half of 1939, it had a deficit of $872,671. With the report Harry Sinclair made another bitter statement: "I think the industry has served the public extremely well, but it is serving itself very badly...
Next day, having failed to up the price of gasoline, Harry Sinclair turned to his May alternative: Sinclair-Prairie Oil Marketing Co., another Consolidated subsidiary, cut its posted buying price for crude oil 20? a barrel...
This time Harry Sinclair's leadership was followed. Standard of New Jersey's marketing subsidiary, Humble Oil & Refining Co., cut its posted prices 5? to 32?. Cities Service and Bell Oil & Gas cut 20?, like Sinclair. Standard of Indiana was expected to follow...