Word: shelling
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Dates: during 1950-1959
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...independent producers do, and they argue bitterly that cheap foreign oil is wrecking domestic markets, keeping prices at low levels when they need more money to pour into new exploration. Importers (i.e.. Gulf Oil Corp., Shell Oil, Standard Oil of N.J.) counter that high imports are necessary to keep down prices by filling the gap between U.S. production and consumption, and that the import restrictions are in conflict with U.S. aims for freer world trade...
Some business leaders still viewed that prospect with the kind of alarm that caused the market to dip after the Republicans lost the Maine state elections. "Venture capital," said one, "would crawl into its shell and creep away." Others shrugged their shoulders. "You might do better with Ike," said Connecticut's Richard G. Williams, major stockholder of the J. B. Williams Co., "but you won't go broke with Stevenson...
NICKEL PINCH will be eased by vast International Nickel Co. of Canada, Ltd. expansion program. After spending $8,000,000 on exploration, world's biggest nickel producer (six-month sales: $225 million) will shell out $150 million to bring huge new nickel source at Moak Lake, Man. into production. At full production, Moak Lake will probably be world's second biggest nickel center, topped only by INCO's own Sudbury, Ont. operation...
...tough, and despite what they claim, they're well financed. Every single vote will count in this next election. Any Republican who feels this election is in the bag-who fails to register and vote-is taking a great risk." The pundits were calling the same signals. Hard-shell Conservative Columnist David Lawrence urged Ike to "get down to brass tacks and explain the issues...
...have dredged passageways to float equipment into their fields and float oil barges back from the wells. Virtually every big company has fields, tank farms, refineries along its banks clear down to Corpus Christi-Texas Co., Standard Oil of N.J., Superior Oil, Magnolia, Kerr-McGee Pure Oil, Cities Service, Shell Oil, Gulf, Humble...