YERGIN, Howard (b. 1921) | Oral History

YERGIN, Howard (b. 1921)

Profession: Executive

Oral Histories

Executive, Caltex Petroleum Corporation. Education and military service; employment with Caltex; assignment to China, 1948, as accountant; conditions in Nationalist China; Chinese Revolution, effects on Caltex; comments about Hans Bieling, Phil Lefevre; assignment to Hong Kong; Caltex internees under communist regime; postwar oil glut; nature of China market; assignment to Caltex (New York), Taxation Division, 1951; comments about Murdo McIver; Caltex’s acquisition of Texaco’s North African and European interests, 1947; development of Japanese market; long-term planning; acquisition of T-2 tankers; Bapco, its role in the Caltex system; Minas Field, its importance; military fuel oil contracts; transfer to Finance Department; currency problems and Caltex planning; reorganization into Caltex East, Caltex West, and Caltex Services Company; transfer of European operations to shareholders, 1967; development of Korean market; Caltex in Australia; OPEC and effects on Caltex; expropriation and nationalization; transfer prices and trading companies; reentry into China; Caltex in South Africa; governmental relationships and Caltex policy; training of foreign nationals; comments about Neal Lilley and James Voss; relationship between home office and subsidiaries; relationship between Caltex and shareholders; Caltex tanker fleet; decision to move Caltex headquarters from New York to Dallas; appointment as chairman of the board, 1983.
Date of Interview: January 23, 1986, January 24, 1986

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Executive, Caltex Petroleum Corporation. Education and military service; employment with Caltex; assignment to China, 1948, as accountant; conditions in Nationalist China; Chinese Revolution, effects on Caltex; comments about Hans Bieling, Phil Lefevre; assignment to Hong Kong; Caltex internees under communist regime; postwar oil glut; nature of China market; assignment to Caltex (New York), Taxation Division, 1951; comments about Murdo McIver; Caltex’s acquisition of Texaco’s North African and European interests, 1947; development of Japanese market; long-term planning; acquisition of T-2 tankers; Bapco, its role in the Caltex system; Minas Field, its importance; military fuel oil contracts; transfer to Finance Department; currency problems and Caltex planning; reorganization into Caltex East, Caltex West, and Caltex Services Company; transfer of European operations to shareholders, 1967; development of Korean market; Caltex in Australia; OPEC and effects on Caltex; expropriation and nationalization; transfer prices and trading companies; reentry into China; Caltex in South Africa; governmental relationships and Caltex policy; training of foreign nationals; comments about Neal Lilley and James Voss; relationship between home office and subsidiaries; relationship between Caltex and shareholders; Caltex tanker fleet; decision to move Caltex headquarters from New York to Dallas; appointment as chairman of the board, 1983.
Date of Interview: January 23, 1986, January 24, 1986

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