Word: crude
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...pumping a modest 100,000 bbl. a day, BP Bunker Hunt ranks fifth among the majors operating in Libya. But it has enormous potential, because of its concessions in the huge Sarir field. To exploit its holding, BP Bunker Hunt has built a capacious crude-oil pipeline leading from its rigs in the Sarir to Marsa Hariga. Running 320 miles, the 34-in., multimillion-dollar line could ultimately carry almost 1,000,000 bbl. at a clip. It is buried six feet beneath the dunes in order to keep the oil liquid during the chill desert nights. The pipeline runs...
...costly series of price wars finally faded away. Though retail prices, excluding taxes, indeed rose nearly 4% during 1966 to about 22.1? per gal. -matching the high 1957 level - the suppliers have a number of problems. Demand continues strong and refineries are being forced to pay more for crude oil. Labor settlements early this year have increased industry wages by 4%; dealers, also squeezed by higher wages, have long been screaming for fatter prices at the pump...
...mutual understanding." But there were few differences about trade, in which Italy is already heavily involved with the Soviet Union. The Italians did express some concern over their persistent trade deficit with Russia, which ran close to $100 million in 1966 as a result of large imports of Russian crude oil. Italy exported some $80 million (mainly in textiles and machinery) to Russia last year and intends to see that those figures rise as rapidly as possible. To keep the Russians happy, it has also extended them $500 million in credits, more than Italy has given any other country...
...laureate. Kerouac, 44, has let them down. He is a true pilgrim, and his objective is not the future but the past. The latest fragment of his nonstop autobiography records, of all things, a search for noble Kerouac ancestors in ancient Armorica (Brittany) just as if he were some crude millionaire of the Gilded Age shopping at Heralds College for something fancy in the way of ancestors. That Kerouac has simple faith became evident long ago; that he has Breton blood is the slight burden of this little book...
...experience with the oils from lipstick which tourists often use to smear their initials on the major monuments. Lipstick oils, they have found, sink into the porous surface of the stone and are very difficult to remove. But no one has had any experience with the effect of this crude heating oil on paper, panels, canvas, or stone...