Word: richfield
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Except for the shooting area, finally settled in San Bernardino County, every venue has been set up on schedule and under budget. Several have staged dress rehearsals and checked out smartly. The Atlantic Richfield Co. funded $5 million in improvements to the 60-year-old Coliseum (Olympic capacity: 92,516), including a state-of-the-art synthetic track of German-made red Rekortan. Lacking the three to five years for the soft surface to shake down, the committee has been vacuuming up excess granules...
...billion bbl., which would make them perhaps the equal of the North Sea field. But for technical and political reasons China cannot maintain production from its existing wells, much less develop these huge crude reserves by itself. Last year China signed a separate joint-development contract with Atlantic Richfield, which has already begun test drilling in a 3,500-sq.-mi. block off the coast of Viet...
When Atlantic Richfield Co. decided a year ago to eliminate credit cards and cut its gasoline prices by 30 per gal., competitors snickered. After all, 25% of drivers buy gasoline on credit. But when Arco's volume started zooming upward, the competition quickly retaliated. Exxon and Amoco, two of the nation's largest marketers, announced a discount-for-cash policy. And Shell counterattacked by accepting credit cards from Arco holders and converting them into Shell customers...
...effect, through zoning that requires retailing at street level in commercial buildings. As Whyte's photos make clear, the worst offenders are convention centers, like the one in the Seattle Sheraton Hotel, and the new megastructure office, hotel and shopping centers, such as the Bonaventure Hotel and Atlantic Richfield Plaza in Los Angeles, the Embarcadero Center in San Francisco and Omni International in Atlanta. Architecturally, these structures often have an awesome and arrogant beauty. Socially, they set themselves deliberately and offensively apart from the city around them...
Most oil-company stocks, however, failed to share in the rise. Atlantic Richfield, for example, which has enormous reserves of Alaskan crude, dropped 2% during the week. The four U.S. partners in Aramco, which pumps most of Saudi Arabia's crude, held up better than the rest. The reason: any cut in the official OPEC price will help end the squeeze that the four-Exxon, Standard Oil of California, Mobil and Texaco-have suffered as the spot oil price (see chart) has fallen below the $34 that they now pay the Saudis...