Word: crude
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Dates: during 1950-1959
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...increased only 48%. One big reason is that oil is getting harder and more expensive to find. According to Independent Petroleum Association of America, the cost of finding, developing and producing oil and gas has jumped 43% since 1948 v. a mere 6.5% increase in the general level of crude-oil prices...
...needs under any circumstances. Says Otis H. Ellis, general counsel of the National Oil Jobbers Council: "We constantly hear that 'there is no security in foreign oil. A more appropriate slogan would be,"There is no security without foreign oil." " With one-seventh of the world's crude-oil reserves, the U.S. consumes 9,000,000 bbls. of oil daily, well over 50% of the world's production. The Chase Manhattan Bank predicts that U.S. oil demand will rise another 53% in the next decade, to some 12.8 million bbls. daily. Yet estimates are that domestic production...
...without running out of fuel. Another luminous screen will show him a radar view of the terrain ahead, with mountains or other obstacles. These meaning-packed pictures will be the output of a lightweight computer that will do most of the necessary routine thinking. It will take crude information from many sources and turn it into a form that the pilot can use instantly, without interpretation. When fully developed, it will take over the actual flying. The pilot will look at his luminous pictures and decide what he wants to do. He will dial a flight plan into the computer...
...could squeeze through the ditch. Her twin screws churn up mud within inches of the bottom, tend to make the big ship yaw from side to side. Besides, she was heading south full of highly volatile free gases left (because of an evaporator breakdown) from her last load of crude. A single bump, a single spark, could explode the gas in an instant mass of flame. Skipper Aniello Coppola stuck close to the bridge, watching every move...
...concise direction of Vienna-born Erich Leinsdorf, 44, who left the Rochester Philharmonic to become the City Center's new musical director, the brilliant score is beautifully played. The trouble with Orpheus is its new libretto, which seemed determined to turn this charming opera buffa into a crude opera boffola...