Word: petroleum
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Dates: during 1950-1959
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...contact with the Latin American world beyond the fence. To Rockefeller the environment needed working on. Home again, he enrolled at the Berlitz School (Rockefeller Center class), studied Spanish two hours a day for three months. Returning to Venezuela as a director of Standard Oil's subsidiary, Creole Petroleum, he hopped from Creole compound to compound, persuaded the company to improve conditions on the outside, urged U.S. oilworkers to learn the language...
...Professor William Rede Hawthorne of Britain's Cambridge University got empty sausage skins from his butcher, filled them with alcohol, tied the ends and towed them in the laboratory's wave tank. The alcohol sausages rode the waves so valiantly that he got financial backing from Esso Petroleum Co., Ltd. to build and test good-sized flexible barges...
...Gold and dollar reserves slipped $28 million from the 1956 level, but the money went for vital purchases: U.S. corn to offset the effects of a drought and refined petroleum products...
...Canada, Ltd. and the British American Oil Co, Ltd., in the muskeg 150 miles northwest of Edmonton, Alta., it roared in with a fabulous open-flow potential of 1.5 billion cu. ft. per day. Its closest competitor is a 500 million-cu.-ft. well owned by Phillips Petroleum Co. in Pecos County, Texas, and the nearest thing Canada has seen is a dwarf by comparison: a British American well with a flow of 280 million...
...Cortines to revoke the fare hikes and appoint a committee including rioting students "to consider all aspects of this complex problem." Even that failed to pacify the students. They sallied out, joined a leftist faction in a street battle for control of the labor union at Pemex, the national petroleum monopoly. The students helped attack Pemex headquarters, retreated when hard-pressed police fired...