The sudden rise in the price of crude oil two years ago provided the stimulus for serious consideration and allocation of funds — for the development of alternate energy sources. The initial antagonism between environmentalists and the energy industry has abated somewhat, although pressure to
Southern Mexico’s states of Chiapas and Tabasco are low, swampy areas at the base of the Yucatan peninsula that float on rich deposits of oil. The most recent, and most significant, discoveries have been made here, and production from the new wells has grown almost
The little town of Albany, Texas, lies in the oil patch — any area where oil exists and is produced, and the oilman’s profession — between Abilene and Wichita Falls. It is surrounded by what are known as stripper wells, those that produce ton barrels
Ten thousand independent oilmen are presently operating in the United States. The high price of oil and gas will probably increase that total by four or five thousand during the next ten years. These wildcatters range in degree of success and available assets from men
This year’s conference on Coal and the Environment, sponsored by the National Coal Association, the industry’s lobbying group, provided the annual showcase for promotion — both of the industry, and the manufacturers who serve it. Purveyors of products ranging from executive helicopters and the latest
