Word: tuktoyaktuk
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Dates: during 1970-1979
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...Tapping Tuktoyaktuk. Exxon's world intelligence network and penchant for long-range planning have given it a head start in coping with the oil shortage. A decade ago, Monroe J. Rathbone, then chairman, began to get more and more reports that oil use was running increasingly ahead of new discoveries-and that Arabs would one day demand greater control over their resources. He ordered a stepped-up search for oil-even though the world then had a crude glut. In the past decade, Exxon's worldwide reserves have increased more than 9 billion bbl., or 21%. Crews are now searching...
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