Word: texaco
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...that kind of money, the mini-moviemakers command top talent. Frank Sinatra sells Budweiser beer. Sid Caesar does a comedy routine for Sperry Rand, while Jose Ferrer supplies the voice-over continuity. Edward G. Robinson poured for Maxwell House coffee. Jack Benny promotes Texaco gasoline. George Burns puffs El Producto cigars. Sometimes the process is reversible. Actress Barbara Feldon was a sexy slink of a salesgirl for Top Brass hairdressing ("Sic 'em, tiger") before she went big on legit TV as co-star of Get Smart! Pam Austin, the original Dodge girl, is now a member of the cast...
...Texaco...
...Standard Oil of New Jersey, the industry's front runner, increased profits 12.7%, to $320 million-another record quarter like the ones at Mobil (up 14.8%), Texaco (13.3%), Shell (13%), California Standard (10.5%), Gulf (10.1%) and Cities Service...
Easing Off Coffee. The present timetable calls for 50,000 barrels of crude oil a day to begin flowing toward Tumaco at year's end. By then, Texaco plans to have 25 producing wells pumping an average of 2,000 bbl. daily. Best guess is that the pipeline's top capacity of 100,000 bbl. a day will not be sufficient and that a parallel line will have to be constructed. Estimates place the cost of the total project at about $100 million before the first drop of crude oil reaches Tumaco tankers...
...Colombia, the Texaco-Gulf project is a chance to inject much-needed income into the economy while easing its dependence on coffee, which currently accounts for 60% of the country's export earnings. For the two companies, which decline to estimate the total value of the Putumayo find, the project may initiate a far-ranging cooperative exploratory effort. Texaco and Gulf have already staked a claim on 5,000,000 acres in neighboring Ecuador, where last spring they discovered a rich oil field. Geologists, moreover, venture that the Colombia-Ecuador finds are only the beginning, and that much more...