Word: petroleum
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...Standard of Indiana hit new 1966 highs on the New York Stock Exchange. As a group, domestic oil shares have weathered the market's decline this year and maintained their Jan. 1 prices. During the last quarter, mutual funds-which were net sellers of most stocks-bought petroleum shares more heavily than any other type...
...also provided that both countries would 1) improve the existing railroad service between La Paz and Peru's southern coast, 2) "formalize and enlarge" an agreement covering free navigation on the waters of the Amazon Basin, 3) discuss the possibility of a pipeline across Peru to transport Bolivian petroleum to a Peruvian coastal port...
...fact it is the influx of American capital which poses the real threat to Canada. Americans now own or control 60 per cent of the Canadian petroleum and natural gas industries, 52 per cent of mining and smelting, 45 per cent of manufacturing, and virtually 100 per cent of the automobile and synthetic rubber industries...
...naturally want to tighten the screws, chiefly by increased bombing. Stung by the criticism that air power has failed to stem North Vietnamese infiltration, they argue that, even though prohibited from hitting the North's most important targets, they have managed to knock out two-thirds of its petroleum supply, to keep 250,000 people constantly at work repairing bomb damage, and to deny Communist units 50% of the supplies that combat soldiers normally need...
Farther to the north, construction crews swarmed over the superstructure of a $230 million Great Canadian Oil Sands Ltd. processing plant that next year will begin tapping the Athabaska tar sands-an oozing black oilfield the size of Maine, which contains as much petroleum as all the world's proven reserves...