Word: bahia
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...produces 50,000 bbl. of crude oil a day. must import the other three-fourths of the 200,000 bbl. daily consumption at an annual cost of $250 million-roughly equal to the current year's trade deficit. All the oil comes from a single area in Bahia, and Bahia crude is heavy and high in paraffin content, useful mostly for waxes, asphalt and fuel...
...free salary of $100,000, plus the promise of a free hand. He has put together 15 crack geologic field parties, ten gravimeter and 15 seismographic crews, 36 wildcat rigs. But so far he has not found a single economically operable well outside of Bahia, despite the fact that Brazil has some 1,350,000 sq. mi. of potential sedimentary deposits. The big snags are a mile of solid rock beneath the surface in potential oil lands and, above the surface, miles of red tape...
...children. The consequences : damage to the young heart muscle; severe, crippling illness; and in many cases sudden death. In adults the disease is debilitating, persistent and incurable, but is less apt to kill. Estimated number of victims: 4,000,000 in Brazil (pop. 62 million) alone, millions more from Bahia Blanca to the southern border...
...have achieved reportable results; the bulk of his speech dealt with development of resources. The President had bright news of Brazil's petroleum industry. In 1955, he recalled, the country produced 2,000,000 barrels of oil, enough for only ten days' use. This year the Bahia oilfields will pump out more than 5,500,000 barrels, enough to supply the country for a month (at the present rate of consumption). Next year production of 15 million barrels is expected. And, he announced, new exchange rates are being drawn up to encourage exports...
...read your Sept. 12 success story of the skinny kid from Bahia, one of the most vibrant that TIME has ever published ... it suddenly dawned on me that Lieut. Colonel...