Word: suez
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...British annexed the adjoining deep-water port of Aden, which lies in the extreme southeast corner of the Arabian peninsula, and later staked out a 112,000-sq.-mi protectorate in the area around it. After the opening of the Suez Canal in 1869, Aden became (and will be again when the Suez Canal reopens) an important fueling port and naval station on the trade route to India, Southeast Asia, Australia and East Africa. The British are determined to keep...
...England After Suez," a report on the state of the "Grand Alliance...
...boost in allowable production. The decision added 210,901 bbl. to Texas daily output to a record 3,773,054 bbl. Behind the expected move (TIME, Feb. 18) was Ernest O. Thompson, senior member of the state's three-man commission, who insisted ever since the Suez Canal was closed that three small raises totaling 210,000 bbl. were the best contribution Texas could make...
...West might consider giving force to its general principle of the international control of waterways by suggesting that all international waterways be put under supervision by a series of small United Nations police forces. "How can we expect Colonel Nasser to internationalize Suez when the principle is restricted to him?" she asked. "There is always a colonial twist which brings forth bad memories when only one international seaway, is, in fact, internationalized...
...crude-gathering pipeline; the oil must be trucked to refineries at high cost. Beyond that, the existing pipeline system is operating at capacity, could not carry more oil from wells to refining centers. The way matters stood, said Thompson, Texas had already boosted allowables three times since Suez, was pumping a record 3,500,000 bbl. daily-some 250,000 bbl. more than normal. What those who urge still another 250,000 bbl. daily increase fail to consider, snapped Thompson, is the fact that demand for Texas oil will soon decrease. The U.S. Bureau of Mines forecasts a drop...