Word: crude
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Dates: during 1920-1929
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...Henri Deterding is, as everyone knows, head of the Royal Dutch-Shell petroleum interests, largest crude oil producing company in the world. Old in the oil business, veteran of many oil wars, Sir Henri at one time battled, not unsuccessfully, with Standard of New Jersey in its pre-dissolution period. In more recent years he has (despite his non-compromise statement) preferred peace to war, as witness his agreement (in March) with U. S. oil interests concerning the marketing of Russian oil. In April he sat in on an American Petroleum Institute oil restriction program, gave tacit approval...
Production. Aside from Sir Henri and the Shell-Socony war, oilmen were chiefly interested in the perennial problem of overproduction. When 1929 began, there were in storage 625,000,000 barrels of crude oil, representing excess of production over consumption. Production during 1929 totaled about 200,000 barrels a day over consumption, so that at the end of the third quarter the 600,000,000 barrel excess had increased to 675,000,000 barrels, or about enough for eight months consumption. During 1928 oil wells produced about 900,000,000 barrels; during 1929 the production will reach an even billion...
...made the following news: "One can imagine our shaggy ancestors fighting fiercely with other wild savages or can picture them chasing through the dark underbrush after an animal that they hoped to broil over their fires that evening for dinner. Then, in the protection of the cave, after the crude meal, they played j games with polished bones and round stones, and yelled with delight or rolled upon the ground with laughter and wild glee. Sometimes, in the excitement, they would forget that they were playing, and would begin to fight. There would be terrific pandemonium, and the embers...
...topic will be "The first three dynasties: the organization of the administration; the arts and crafts; crude brick architecture; the step pyramid of Saqoara; granite temples of Giza. The next talk of the group, to be given next Tuesday, will continue in the same vein, being on "the consequences of the great period, dynasties V-VI. The causes of the collapse of the first great monarchy of Egypt...
...periwigged gallants, for instance, have crude methods of bathing. The great lexicographer Samuel Johnson, whom Peter meets, only "thunders out a few platitudes." And when Peter absentmindedly reaches for a cigaret he finds only a miniature cabinet. On the other hand, he creates a reputation for brilliance simply by using, as though they were his own, remarks from Lincoln's "Gettysburg Address" and "some cheap epigrams by a fellow named Oscar Wilde...