Word: aruba
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Dates: during 1930-1939
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...Aruba, N.W.I...
...every gallon of it pays a 7% to 10 % royalty to the Government. Cheap to produce, most of this oil is drilled on the shores and in the bottom of a long arm of the sea known as Lake Maracaibo, is carried to refineries in Dutch Curagao and Aruba by a fleet of special shallow-draught "baby" tankers able to jump the treacherous sandbar at the mouth of the lake. Three great oil companies share most of this trade: Royal Dutch-Shell, Standard of New Jersey, Gulf. Before NRA, Manhattan motorists were more apt to ride on Venezuelan gasoline than...
From Indiana to Jersey, In Mexico: 1,500,000 acres of oil land (principally in the Tampico territory), 750 mi. of pipe lines, 65 mi. of railroads. In Venezuela: 3,100,000 acres of oil & gas land in the Lake Maracaibo District. On the island of Aruba, D. W. I.; a refining plant of 115,000-bbl. daily capacity. At Hamburg: an asphalt plant. On the high seas: 29 tankers of 1,700,000-bbl. capacity. These are the principal foreign properties of Pan-American Petroleum & Transport Co., 95%-owned by Standard Oil of Indiana. Last week Indiana...
...Naphtha Industrie und Tankanlagen Aktiengesellschaft) for $1,100,000. Nitag, a distributing company, handles 420.000 bbl. of petroleum products a year. In future a large part of its needs will be filled by Indiana from its Venezuelan fields and refinery on the Island of Aruba. Last spring Indiana obtained a 50% interest in Petroleum Storage...