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Along the gulfs shores and in its waters, nature has left vast underground pools of oil controlled today by Iran and seven Arab states. With a total estimated population of 24 million and a daily oil production of 17 million bbl., the gulf states alone have the power to hold the industrial world for ransom...

Author: /time Magazine | Title: World: Profiling the Gulf States | 9/22/1980 | See Source »

BAHRAIN. The first oil producer in the Arabian peninsula, this island nation has come to grips with the fact that its wells, now pumping only 50,000 bbl. a day, will soon run dry. It is rapidly transforming itself into the service and financial center of the gulf. More than 120 banks have opened offices in Bahrain with an eye on the ballooning revenues of the oil producers. But some 70% of the population (250,000) is under 20 years of age, and there have been rumblings against the absolute rule of Sheik Isa bin Sulman al Khalifa...

Author: /time Magazine | Title: World: Profiling the Gulf States | 9/22/1980 | See Source »

...does not rise higher than 360 ft. above sea level; the average annual rainfall is a scant 4 in., falling mostly in short cloudbursts in winter. Slowly, with great care, a modern state is being built. Qatar is one of the lesser oil producers in the gulf (411,000 bbl. a day), but the population is also small (250,000, of whom only 60,000 are native Qataris). The country has been found to have vast natural gas reserves, though at current prices development is considered uneconomical. Still, the sheikdom has taken steps to diversify by developing petrochemical, shipping...

Author: /time Magazine | Title: World: Profiling the Gulf States | 9/22/1980 | See Source »

...field in Illinois was empty; a week or so later, it contained 20,000 bbl. of dumped wastes. Kentucky state police staked out a site just outside Daniel Boone National Forest, where some 200 containers loaded with dangerous solvents had been discarded. They arrested three Ohio truck drivers. Hundreds of toxic drums were found on three sites near historic Plymouth, Mass. State troopers and other authorities set up roadblocks to stop illegal dumping operations in New Hampshire, which, like the other New England states, has no legal disposal site. Declared New Hampshire acting Attorney General Gregory Smith: "We know toxic...

Author: /time Magazine | Title: The Poisoning of America | 9/22/1980 | See Source »

...March, hydrogen gas began rising from a shed on the property where 25 badly corroded drums of chlorosilane had been stored next to 100 bbl. of flammable solvents. Rain soaking the chlorosilane created a smoky chemical reaction. Fear of an explosion caused city officials to order the area vacated for several hours. Says Vance: "We had a 13-acre keg of dynamite." Firemen rushed to separate the drums. Now, Vance frets, "every time we have a thunderstorm I think, 'My God, don't let lightning hit out there...

Author: /time Magazine | Title: The Poisoning of America | 9/22/1980 | See Source »

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