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...west of the beach, aboard the mighty 60,000-ton supercarrier Saratoga, pride of the Sixth Fleet, the Navy's job for the day was to pound Douglas AD Skyraider bombers and Chance Vought F8U1 Crusader fighters out of steam catapults into a Mediterranean haze amid jet engine roars, catapult cracks, clouds of hissing white steam. The mission: to show the silver of Navy air power over Lebanon. But Saratoga's jet pilots, like all Navy pilots off Lebanon, got word to steer clear of a certain point just south of the predominantly Moslem port of Tripoli. Reason...

Author: /time Magazine | Title: ARMED FORCES: Restrained Power | 8/4/1958 | See Source »

Anyone watching a geyser, hot spring or fumarole (volcanic steam jet) in the U.S. West may well wonder why the earth's hot interior is not used as a source of energy, in the manner of volcanic steam power plants in central Italy. Last week Pacific Gas & Electric Co. of California announced that it has struck a deal to make electricity out of underground steam produced jointly by Magma Power Co. of Los Angeles and Thermal Power Co. of San Francisco...

Author: /time Magazine | Title: Science: Roles for Fumaroies | 8/4/1958 | See Source »

...Francisco, where hot springs and fumaroles abound. President Barkman C. McCabe of Magma Power thinks that a crack in the earth's crust allowed magma from the earth's hot interior to rise fairly near the surface. Magma is uneasy stuff, an intensely hot solution of steam and other gases in melted rock. When it bursts out in large quantities, it builds a volcano. When it does not quite break loose, it creates a geothermal area like the place near Healdsburg...

Author: /time Magazine | Title: Science: Roles for Fumaroies | 8/4/1958 | See Source »

Atop their near-volcano, Magma Power and Thermal Power drilled four steam wells, using ordinary oil-well drilling equipment. The wells are 500 to 700 ft. deep, and the temperature -of the rock at bottom is about 600° F. When the wells are capped, steam pressure measures 300 to 400 Ibs. per sq. in., but when the steam flows, pressure drops to 100 Ibs. and temperature...

Author: /time Magazine | Title: Science: Roles for Fumaroies | 8/4/1958 | See Source »

After 10 lean years, the program is finally beginning to put on some steam. Applications for insurance climbed from 46 in 1956 to 62 last year, are on the rise now. More important, new applications are coming in for underdeveloped nations once considered too unstable. In Jordan, Oilman Ed Pauley last year got a $6,000,000 guaranty for oil exploration, and there are applications for $23 million worth of expropriation insurance pending for Iran...

Author: /time Magazine | Title: --INVESTMENT GUARANTIES-: A Shield for Business Abroad | 7/28/1958 | See Source »

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