Word: petroleum
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...women were Longhorn Aquatic's Jill Sterkel and Nashville sensation Tracy Caulkins. At the same time, Caulkins, who earlier in the evening set a new American record with a 1:01.13 for the 100-yd. breaststroke. on her way to an unprecedented 31st national swimming title. accepted the Phillips Petroleum Outstanding Performance award for her showing Tursday evening in the 400-yd. individual medley...
Edwin Drake launched the petroleum age in 1859, when he drilled 69½ ft. into the ground along Oil Creek, near Titusville, Pa., and hit history's first oil gusher. Now, after more than a half-century of decline, the oil-and gasfields of Pennsylvania, Ohio, Kentucky and New York are gurgling anew. The fields are part of what geologists call the Eastern Overthrust Belt, a corridor of convoluted limestone, sand and shale that stretches 1,200 miles along the slopes of America's Appalachian Mountains, from the Adirondacks to Alabama...
...Somerset County, Pa., southeast of Pittsburgh, Standard Oil of Indiana has already sunk three dozen natural gas wells. In the Crab Orchard Mountains of Cumberland County, Tenn., Ladd Petroleum has struck oil and gas at depths of up to 4,000 ft., and expects to keep searching for the next five years before the area's potential is firmly established. In Kentucky, Tennessee and Georgia, Atlantic Richfield and Gulf are planning to spend up to $26 million over the same period to drill on some 1.2 million leased acres...
...exaggerate anti-Vietnam united front not about to leave neutralized grand gesture capital spending on the skids US recession Germany's slump Deutsche Bank fight inflation tobacco and alcoholic beverages oil revenues bank profits pep up hoteliers pomp and pegeantry Wedgwood Royal Doulton Ulster Weaving Company Lloyds of London petroleum Fao crossfire sabotaged oil revenue transit fees paper packaging newsprint 1.5 billion dollars capital spending about 1 per cent 400 million dollars less expanding most oil firms big changes are need imported autos color videocassette recorders semiconductors shoe imports sulfur industry 1 million additional tons gardens and croplands by product...
...Soviet Union, repeatedly promising each that it would not allow the other to establish a base on North Korean territory. For the past two years, however, North Korea has allowed Soviet merchant ships and tankers to use its year-round port of Najin and from there to transport petroleum and other supplies by rail to Vladivostok when that city's harbor is closed by ice. A top South Korean official notes that this kind of co operation would have been "unthinkable only a few years ago and therefore at least symbolically worrisome." Symbolism aside, it helps the Soviets support...