David Bay Chalmers Jr. (born 8 September 1953)
Simon Romero, ''

The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

'', 15 April 2005 (retrieved 10 September 2010) was an owner of the oil refining company, Bayoil U.S.A. Inc, which operates out of

Houston Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...

, Texas and a subsidiary, Bayoil Supply and Trading Ltd. in the

Bahamas The Bahamas, officially the Commonwealth of The Bahamas, is an archipelagic and island country within the Lucayan Archipelago of the Atlantic Ocean. It contains 97 per cent of the archipelago's land area and 88 per cent of its population. ...

. The company was heavily involved in oil trading throughout the 1990s and early 2000s with the

Iraqi government The government of Iraq is defined under the current Constitution, approved in 2005, as a democratic, parliamentary republic with Islam as the official state religion. The government is composed of the executive, legislative, and judicial branche ...

. In the 2004

Oil-for-Food Program Hearings The Oil-for-Food Program Hearings were held by the U.S Senate Permanent Subcommittee on Investigations beginning in 2004 to investigate abuses of the United Nations (UN) Oil-for-Food Programme in which the economically sanctioned country of Iraq wa ...

, Bayoil was among the corporations investigated by the committee, and its executive David Chalmers was convicted of conspiracy to commit wire fraud. Chalmers was sentenced to two years in prison. Chalmers' great-uncle, Charles Ulrick Bay (1888–1955), founded Bay Petroleum in 1937,Scott, Quinta
''Along Route 66''

University of Oklahoma Press The University of Oklahoma Press (OU Press) is the publishing arm of the University of Oklahoma. Founded in 1929 by the fifth president of the University of Oklahoma, William Bennett Bizzell, it was the first university press to be established ...

, 2000, p. 207, (retrieved 10 September 2010 from

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) later become a high-ranking intelligence official in the

Office of Strategic Services The Office of Strategic Services (OSS) was the first intelligence agency of the United States, formed during World War II. The OSS was formed as an agency of the Joint Chiefs of Staff (JCS) to coordinate espionage activities behind enemy lines ...

, and later an

ambassador An ambassador is an official envoy, especially a high-ranking diplomat who represents a state and is usually accredited to another sovereign state or to an international organization as the resident representative of their own government or so ...

Norway Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of ...

. Chalmers' father, David Bay Chalmers Sr., became a well-known oil trader through the creation of

Coral Petroleum Corals are colonial marine invertebrates within the subphylum Anthozoa of the phylum Cnidaria. They typically form compact colonies of many identical individual polyps. Coral species include the important reef builders that inhabit tropical oce ...

(which filed for

bankruptcy protection Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the deb ...

in 1983). Ben R. Pollner, who went on to found Taurus Petroleum, was one of his employees.Bloomberg: "The Rich Boys"
17 July 2005

References

External links

Picture
David J. Phillip,

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1954 births Living people 20th-century American businesspeople American businesspeople in the oil industry Corporate executives {{US-business-bio-1950s-stub