Word: arabian
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Locked beneath the history-laden sands of Saudi Arabia lies the world's last known great oil pool. The right to exploit it belongs to Arabian-American Oil Co., owned by The Texas Co. and Standard Oil Co. of California. But Arabian-American, which has done comparatively little drilling, saw its future production limited by a lack of distribution facilities. On the other hand, Standard Oil Co. (N.J.) and Socony-Vacuum Oil Co. have plenty of outlets in Europe, but little oil to supply them...
Last week the four companies decided to make the biggest deal in the history of the U.S. oil business. Jersey Standard and Socony will buy into Arabian-American-the reported asking price was $250,000,000 for a 40% interest-so that they can develop the concession fully and sell Arabian oil in Europe, biggest market in the world outside...
...rest of his solid, well-balanced speech, Austin ignored Molotov's charges, expressed quiet optimism about U.N.'s achievements. The commissars from the Armenian mountains and the lawyers from the jungle's fringe, the princes of the Arabian desert and the polemicists from the Balkan cafés looked at the immaculate, stocky figure with varying degrees of understanding. Warren Robinson Austin, ex-Senator from Vermont, the President's Special Representative to the General Assembly, was the U.S.'s new Ambassador to the World...
...lavishly detailed anti-Nazi cartoons, which for a time were frequent Collier's cover subjects, and for his 1940 illustrations of The Rubáiyát of Omar Khayyám, Szyk is now laboring lovingly over illustrations for the Book of Ruth and the Arabian Nights...
...East endangering Britain's oil supply and its road to the Far East. And if the British washed their hands of the Arab world, the U.S. would likely have to step into their shoes to keep the peace, to keep Russia out and to protect its own essential Arabian oil interests...