Word: arabian
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...swirling passions that have swept the Middle East since Nasser's seizure of the Suez Canal Company, Saud has become pivotal just by holding fast to reality. That reality confronts him every time he drives past the flaming gas flares outside Dhahran, where the U.S.-owned Arabian American Oil Co. wells tap fields that are estimated to contain three times as much oil as the whole U.S. Profits from these fields bring Saud a yearly income of $300 million, finance his government, build his palaces and swimming pools, buy him Cadillacs and Convairs. But Saud knows that without...
MIDEAST OIL expansion plans are being delayed by Western companies, worried that continued unrest will hurt their investments. Arabian American Oil Co. is cutting $10 million from its projected $80 million fund for construction and expansion this year, and other firms may follow suit. Because of Suez Canal closure and Saudi Arabian ban on exports to Britain and France, Aramco's daily flow is down to less than 700,000 bbls. v. more than 1,000,000 bbls. one year...
Conversation Wing-Ding. Of all things, Mr. De perhaps loved best a good wingding of a conversation; in one evening's discussion he dwelt perceptively on Diego Rivera, the habits of alligators, Dickens, the Oklahoma legislature, fine printing, Arabian oil, academic freedom, the winter treatment for banana trees in Dallas patios. And what he most abhorred, in his vain way, was weakness-especially weakness of the intellect. Aging, the sight of one eye totally gone, he began to suffer the blood-draining anguish of aplastic anemia. He feared that somehow his mind soon would be affected, found the thought...
Although he was hired primarily as an administrator, he has been called on to make policy decisions during Dulles' absences. His conduct during the Saudi Arabian tank controversy and his demand that Nationalist China be included as an "equal" in U.S.-Red China negotiations over Formosa were notably inept actions, and certainly disenchanted the White House...
...firms to help supply the oil privately (TIME, Nov. 26). For one thing, Britain has got to make its fuel-oil needs known to the U.S., is awaiting an improvement in relations (see NATIONAL AFFAIRS). For another, the U.S. is anxious to keep the American-owned Trans-Arabian pipeline from Saudi Arabia to Syria in operation, is going slow so as not to provoke Syria into blowing up that line as it did the line from Iraq. The U.S. was also, obviously, not willing to rush to the aid of Britain and France while their troops remained on Egyptian soil...