Word: barrell
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...when the bit had reached 1,020 ft., the well began to erupt. With a cannonlike report, mud, water and gas roared up, shooting pipe and rocks high in the air. Then came a greasy and terrifying geyser of oil - a 75,000-barrel-a-day flow, more than many a whole field produces. Within weeks, the town of Beaumont was a madhouse of tents, saloons, lean-tos and one-room shacks; land on the dome was selling for as much as $1,000,000 an acre, and derricks were rising, leg to leg, in a confused and feverish race...
...downtown corner, talked the Sinclair Oil Corp. into putting up a gas station for him. He soon had a second. He made the two pay $1,000 a month. But he burned for great wealth; though the Depression was at its deepest and oil was down to 10? a barrel, he began gambling in wildcat drilling ventures. He sank a dry hole, sold one of his service stations, and sank another...
...Richardson of Fort Worth. Probably the richest man in oil reserves, Richardson is a fiftyish bachelor who lives in the skyscraper Fort Worth Club, with a fine collection of Remington and Russell paintings of the Old West. A barrel-bodied man with sandy hair and a quizzical smile, Richardson drilled many a dry hole, for years lived on credit in a cheap hotel and ate on credit at a drugstore before he hit it rich in 1935. He owns a 30,000-acre island in the Gulf...
...agile, they range the rivers in dugout canoes and carry on indifferent agriculture in burned-over clearings. This week, having paid his respects to Paramaribo and looked over the Moengo bauxite mines, Prince Bernhard prepared for a launch trip up the muddy Surinam River to powwow with the barrel-chested Bush-Negro chieftains...
...companies began diverting overseas production to the U.S. market, where there was also a surplus, independent producers were squeezed. They began demanding everything from a presidential embargo to a tariff boost on imported oil from 10½ to $1.05 a barrel. Frightened major companies cut back planned 1950 imports by as much...