Word: richfield
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Dates: during 1970-1979
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...attract "favorable publicity to improve a donor's image." On the one hand, Bok proudly points out he once turned down a gift from the Papadopoulos regime which seemed designed to gain the goodwill of Greek-Americans. On the other hand, Steiner admitted that Harvard had accepted the Atlantic Richfield Company's offer to build a public affairs forum, even though "I'm sure ARCO hoped (the naming of the Forum) could have some favorable impact on its negative public image." True, ARCO has been repeatedly charged with price-fixing and other "unethical" behavior; but, says...
...president of Atlantic Richfield of Los Angeles, which is nearly as large as the Sisters themselves: "OPEC realizes that it doesn't need the internationals any more. Smaller companies can go directly to the producing state." From a time not long ago when the Sisters all but ran the nations that sold them their oil, the companies now find themselves largely reduced to hired contractors that pump out the crude...
...Royal Dutch/Shell $44,054,400,000 Mobil $34,736,045,000 Texaco $28,607,521,000 British Petroleum $27,390,915,000 Standard Oil of Calif. $23,232.413,000 Gulf Oil $18,069,000,000 Standard Oil (Indiana) $14,961,489,000 ENI (Italy) $12,500,000,000 Atlantic Richfield $12,298,403,000 Française des Pétroles $10,875,1 17,000 Continental Oil $9,455,241,000 Petrobrás (Brazil) $9,131,101,000 Elf -Aquitaine (France) $8, 341,081,000 *1977 **minus excise taxes...
...Governor Jerry Brown?that allows 55% of solar costs, up to a maximum of $3,000, to be written off as a credit against state income taxes. The resulting demand has persuaded more than half of America's solar manufacturers, including Arco Solar, the well-bankrolled subsidiary of Atlantic Richfield, to locate their headquarters in the state...
...buying up as many other energy sources as they can find, such as coal fields and uranium mines. Decontrol will give them the resources to control our energy future--a happy prospect. And much of the huge 1973-74 oil profits went into unrelated industries. For example, Atlantic Richfield bought The London Observer and Mobil paid cash for Montgomery Ward...