Word: fueled
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Dates: during 1960-1969
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...Venezuela is by far the richest nation in Latin America. Cosmopolitan Caracas sprouts skyscrapers like banana plants, boasts some of the worst traffic snarls and best restaurants this side of Paris, lures fun-seeking tourists from the cruise ships and profit-seeking investors from the world over. The fuel of Venezuela's economy is the country's fabled pool of oil, greater than that of any other nation except the U.S. and Russia. The black gold that foreign companies pump from beneath the muddy floor of Lake Maracaibo enriches the Venezuelan government by $1.3 billion yearly, or about...
...topography of his own thoughts. A cartoon imitation of a World War I biplane suggests war; corsets and garter belts spell out the paraphernalia of lust; a woman's pelvis is decorated with the design of a jet engine. "The life force," says Baruchello, "is supplied with fuel from two reservoirs-love and fear...
...result of inflationary forces already let loose. It seems most unfair to relate higher living costs to steel prices when the average steel price has remained steady for several years." Block thereupon announced that Inland too was raising its price on structural steel by $5 a ton; little Colorado Fuel & Iron followed by posting a $3-per-ton increase on structurals...
Angering the Competition. The principal product of the Guayama refinery, however, will be 24,800 bbl. daily of motor fuel for U.S. East Coast markets, in which Phillips is expanding. Since all oil imports are under quota, a presidential proclamation was required to enable Phillips to ship oil products from Venezuela to Puerto Rico. Other oil companies will have to cut their import allotments to accommodate Phillips. Result: the two-year period in which the Interior Department studied the Phillips-Puerto Rican application produced a bitter oil-industry battle...
...last month, aboard British Petroleum's offshore drilling rig Sea Gem, anchored 42 miles off the coast of Britain in the North Sea. Flow tests of the natural-gas pocket discovered at the site showed a capacity of 10 million cu. ft. a day, enough to supply the fuel needs of a town of 300,000 people and to prompt Britain's Minister of Power, Frederick Lee, to recommend building an undersea pipeline (at some $250,000 per mile) to bring the gas to land by late 1967 or early...