Word: gulf
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Dates: during 1950-1959
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...along its coasts. In Honduras, Texas oilmen are sinking test wells near the Nicaraguan border. Signal Oil & Gas Co. recently obtained a 670,000-acre concession in Guatemala, and a score of other U.S. firms have put in applications. The search for more oil is also going on elsewhere. Gulf Oil Corp. is planning to spend more than $1,000,000 this year on exploration in Bolivia: four U.S. oil companies are sponsoring a two-year geological mapping job in Peru...
...pipelines stopped pumping oil for most of a day. In Libya, police used tear gas to break up a pro-Egyptian demonstration. Nasser's propaganda news agency proclaimed the organization at a secret session "somewhere in Jordan," of an Arab underground stretching from the Atlantic to the Persian Gulf. "Particular stress was laid on the importance of destroying oilfields and pipelines and paralyzing work of all imperialist companies sucking the blood of Arab peoples." That was the clenched fist of the man with the cigarette in his other hand...
Firing off a reply, Belgrave discovered that the post was that of adviser to Sheik Hamed bin Issa al Khalifah of Bahrein, a 213-square-mile British protectorate composed of five islands lying off the coast of Saudi Arabia in the Persian Gulf. Charles Belgrave had never heard of Bahrein, but the pay was enough to get married...
...past year it has become the biggest of all Gulf Coast oil booms. Thirty-five companies have sunk 171 producing wells deep into the treeless flat, now get around 24,000 bbls. daily from the field. Said one Houston newsman: "The whole town is on the verge of being overrun by derricks." Oil rigs are creeping within 100 yds. of the residences and businesses off Houston's primary north-south thoroughfare, South Main Street. One derrick stands 75 yds. from the roller coaster at Playland Park: another is within No. 7-iron distance (125 yds.) of the South Main...
Arabism's Hope. Nasser's position was not without its own strength. In Egypt and the Arab world, the 38-year-old strongman who boasts that he will "extend the Arab homeland from the Atlantic Ocean to the Persian Gulf," became overnight the most vaunted hero since Saladin. Thirty-two governments, said his semi-official news service, acclaimed his deed, ranging from Communist China to Franco's Spain. Saudi Arabia's King Saud sent Nasser a personal message: "I am with Egypt with all I possess." Jordan's young King Hussein cabled that Nasser...