Word: bbl
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Suddenly, without warning, the Victor, a Philippine tanker carrying 8,800 bbl. of petroleum products, collided with the Dona Paz. Immediately, the tanker's cargo ignited, setting the sea aflame. As the inferno engulfed both ships, dozens of passengers leaped, diving deep to avoid the burning waters. Swimming beyond the fiery oil, Eugenio Orot, 27, surfaced hundreds of feet away from the ferry. As the anguished screams of children calling "Nanay!" (mother) and "Tatay!" (father) echoed around him, he searched desperately for his two children and wife, but to no avail. Within four hours, the Dona Paz and the Victor...
...agreement comes not a moment too soon, because the oil industry may be facing rough times. When the Organization of Petroleum Exporting Countries failed last week to reach a meaningful pact to curb production, the price of oil futures plunged from $18 per bbl. to $15.58. If prices collapse, at least Pennzoil and Texaco can start putting their resources into the businesses again instead of into the pockets of their lawyers...
Enter the microbreweries -- small local producers who generally turn out no more than 15,000 bbl. a year (in contrast to Anheuser-Busch's 72.3 million- bbl. ocean sold last year) and whose brews are primarily intended for regional consumption. For lovers of the yeasty, golden suds, this is good news. It | means that beer can be fresh and natural, made with only the essentials: water, malted barley, hops and yeast. And because of their limited distribution, microbrewers can turn out distinctive flavors. Before Prohibition, hundreds of breweries existed in the U.S. But after the repeal only large producers could...
Microbrews accounted for only .03% of the 180 million bbl. of beer made in America last year, but sales are frothing. No one is more surprised than Fritz Maytag, scion of the washing-machine family, who in 1965 bought the Anchor Steam Beer Brewing Co. of San Francisco and went on to earn the title "the father of microbrewing." Says Maytag: "I'm just bamboozled. It's astonishing to see the number of breweries and brands that we started." That number increased from twelve microbreweries and brew pubs in North America in 1983 to 96 this year. In Boston last...
...Roanoke Island, N.C., prides himself on his Hopfen beer, which is so fresh it never enters a keg. "We brew it in one room and pipe it right into the next," he says. That might seem much too limited to Jim Koch, whose Boston Beer Co. sold 24,000 bbl. of Samuel Adams lager last year. Purists may look askance at Samuel Adams because it is a "contract" brand, actually brewed by Koch in Pittsburgh...