Word: bbl
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...concession in the northwestern coastal plain. It had beaten out the Japanese and the Italians for Yemen rights. ¶ In the Persian Gulf sheikdom of Abu Dhabi, a subsidiary of British Petroleum Co. Ltd. and Compagnie Franchise des Petroles brought in a well that tested out at 2,400 bbl. daily...
...Venezuela struck it rich. On the northeastern shore of Lake Maracaibo, a quiet little oil well called Los Barrosos No. 2 suddenly blew in and began spouting crude at the rate of 100,000 bbl. a day. In the rush that followed, oil companies paid millions of dollars for choice concessions. Providing services and equipment to the oil industry made a thin upper crust gorgeously rich, but scarcely benefited such middle-class families as the Betancourts. Rómulo went to work as a bill collector for a wholesale tobacco firm, played sand-lot soccer (right forward), entered...
LIFT IN BEER raised per capita intake in 1959 for first time since 1948, as sales bubbled up 4.8% to record 89 million bbl. Average consumer drank 15.5 gal. v. 15 gal. in 1958. Top brewers (in bbl...
FIRST PIPELINE designed for liquefied petroleum gas will be built by Missouri-Kansas-Texas Railroad. The $60 million, 2,500-mile pipeline artery will stretch from West Texas to Wisconsin and Minnesota. The railroad has already lined up enough shippers to supply 30,000 bbl. daily...
...outcries have died. Oil imports, which caused a crippling trade deficit, dropped from $280 million in 1957 to $174 million this year, and will cease in 1961. As befits a nation ranking twelfth in the world in proven oil reserves, Argentina plans to be selling a yearly 25 million bbl. of petroleum abroad...