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On 2 May 1982 Exxon announced the termination of the project because of low oil-prices and increased expenses laying off more than 2,000 workers resulting in the date becoming known among locals as "Black Sunday". [1] [2] [3] According to the shareholders agreement in a case of project termination Exxon had an obligation to buy out Tosco's ...
The date usually cited as the end of the oil shale boom is Sunday, 2 May 1982, known locally as “Black Sunday,” when Exxon announced that it was closing its Colony Oil Shale Project and laying off more than 2,200 workers. The project, with a final price tag of US$5 billion, had cost its owners more than $1 billion by the time they quit.
New York City has so many cultural identities, it's impossible to distill to it into an epigram, but it only has a few dominant industries. One biggie: advertising. Times Square is advertising's ...
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Bill Mackey (December 15, 1927 – July 29, 1951) was an American racecar driver.His name at birth was William Christopher Gretsinger, Jr. Mackey was killed while attempting to qualify for an AAA sprint car race at Funk's Speedway in Winchester, Indiana on July 29, 1951, a day which became known as "Black Sunday".
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Black Friday sweepstakes. Kohl's said that it will give away more than $1 million in prizes on Black Friday. The first 200 customers to visit a store before 8 a.m. local time will receive a game ...