Word: oil
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Dates: during 1940-1949
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...military men in Paris had two quick preliminary meetings. While some of his aides went dancing on Montmartre, General Omar Bradley, chairman of the U.S. Joint Chiefs of Staff, burned the midnight oil in his suite at the Crillon Hotel. At the final, plenary meeting, in the Navy Ministry, Secretary of Defense Louis Johnson presided in a sky-blue satin chair, before a cheerful blaze of oak logs. It took just four hours (including changes of spelling at British request, e.g., "programs" to "programmes") to produce a statement which revealed almost nothing of the real plans; newsmen called...
George Cameron, 40, struck it rich in Colorado's Rangely oilfield. After drilling 40 productive wells in a row, with an annual income of $600,000 pouring relentlessly on top of his previously oil-won millions, he settled down in Tulsa, Okla. But the new-found leisure bored him. "Oil just means more money," he complained, "I can't sleep with it. I have no sense of doing or accomplishing anything...
Baffled Experts. Until a year ago, the U.S. oil industry's geologists and geophysicists, who had long since reduced oil prospecting to a science, had been completely fooled by Scurry County. None of their blasts and echo-measurements had shown the existence of its oil-laden limestone reef some 6,500 ft. down. Humble Oil & Refining Co., biggest oil leaseholder on the continent, had once held leases all over Scurry, but had let most of them lapse. Even the first wells drilled in what later proved to be the heart of the pool did not turn out well...
...believed in Scurry's future was Edith McKanna, a handsome, fortyish widow, who began buying up leases iff 1945 when she got out of the armed services. Soon she controlled 86,000 acres, now has seven producing wells. She gives dinners of pheasant and venison in her oil-lamplighted farmhouse, where some of the field's biggest oil deals have been closed. Veteran Oilman C. T. McLaughlin came to Scurry County 15 years ago to get away from the business, struck it rich also. He found that his 5,200-acre Diamond M ranch was right above...
...side, is now reportedly worth $250,000. Farmer Herman Huckabee is getting $3,500 a month in royalties. Farmer Jackson Ellis could not afford to hire a drilling crew. So he and five of his strapping sons took jobs as roughnecks until they learned how to drill an oil well. Then they bought some secondhand equipment and drilled five shallow wells on their own place, where the sixth and youngest son worked with them as a water boy. Now, with an income of about $5,000 a month, Ellis has bought a new tractor and pickup truck, a complete electric...