Word: petroleum
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Even so, a 35% leap in petroleum prices eroded his popularity, and, as inflation soared and public discontent grew, Kriangsak stepped aside in March 1980 in favor of army Commander in Chief and Minister of Defense General Prem Tinsulanond. Prem soon had his own problems, especially after a leading group in his ruling coalition walked out of the government in February...
...real victims of the program, of course, are the U.S.-owned oil and gas companies that have invested approximately $10 billion in Canadian petroleum, gas and other energy enterprises. Complains Charles J. Waidelich, president of the Tulsa-based Cities Service Company...
That tactic was used two months ago by Canada's Dome Petroleum to acquire a 52.9% interest in Hudson's Bay Oil and Gas, a Canadian firm controlled by Conoco. Stripped of its Canadian holdings, Conoco became a takeover target and wound up being acquired by Du Pont...
...lines that can be used for a proposed merger. The same day last week that Du Pont claimed victory, all ten of the most active stocks on the American Stock Exchange were oil and gas firms. Some of the possible acquisition targets for the major energy companies: Pennzoil, Mesa Petroleum, Superior Oil, Marathon Oil, Amerada Hess and Murphy Oil. Texaco, which was an early suitor of Conoco, is reportedly considering a bid for Kerr-McGee, an Oklahoma-based oil company...
...pilots promise to return, but before they can, Healey leaves Slade holding a smoking pistol and a murder rap in the wake of a saloon brawl. End of partnership. Slade settles down to homestead the secret valley. Thirty years later Healey ruthlessly claims a lake of high-grade petroleum that lies beneath the glacial moraine...