Word: petroleum
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...half-interest in a 15,000-acre, $175 million potash deposit in New Mexico. The other half-interest belongs to Kerr-McGee Oil Industries and Phillips Petroleum Co. Oklahoma Democrat Robert Kerr, chairman of Kerr-McGee, is among the staunchest N.F.U.sliners in the U.S. Senate...
...Close financial ties with the Farmers Union Central Exchange, whose 900 outlets grossed $75 million selling petroleum, machinery and other farm supplies...
...scheduled only eight days' production (2,444,571 bbl. daily) for the entire month, the lowest level in history. Although gasoline stocks topped those of 1957, heavy crude oil and heating-oil stocks were coming down to size. Last week Gulf Oil Corp., Phillips Petroleum Co., Texas Co., Tidewater Oil Co. and Shell Oil Co. all reported record sales-and often record profitssfor 1957. Almost without exception they expected a good year in 1958. Said Cities Service President Burl S. Watson: "We have our problems, but every company is forecasting still another increase in demand this year...
...pressure is building up for a further slash in Oklahoma allowables. Domestic producers blame the situation on heavy imports, but importers are complaining that their quotas under the Government's voluntary-import quota program are not high enough to enable them to operate efficiently. While imports of petroleum and oil products reached a record high of 1,897,500 bbl. at latest report, the Government did not consider the weekly figures significant, since they often vary widely, expects the monthly import figures to be within the voluntary quotas...
...Magnolia Petroleum Co., which has 14 planes, recently flew a team of fire fighters with full equipment from Dallas to a burning well in southwest Texas, got them there hours faster than by commercial airline...