Word: gulf
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Dates: during 1950-1959
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...company, will take over all Houston's gas and oil properties (leases on 696,638 acres of oil lands), a daily output of 17.000 bbls. of oil, another 450 million cu. ft. of natural gas, plus the Houston Pipe Line Co., which feeds natural gas into Gulf cities through a 715-mile pipeline. TIME Inc. owns 11% of Houston Oil's stock and is joint owner with Houston of the East Texas Pulp and Paper Co. TIME is negotiating to buy 100% of the East Texas Co., which operates a $33 million pulp-and-paper mill (sulphate pulp...
...delivered a harsh judgment on what he called "the Scandal of Saudi Arabia." A few roads, waterworks at Riyadh, Mecca and other places, some hospitals, a few public buildings, and the 350-mile railway that Arabian American Oil Co. built to connect Saud's capital with the Persian Gulf are about the only constructive achievements that he can find to list to the regime's credit. All the rest of the oil wealth, a billion dollars or more, has gone down the drain, he says, in "vast private fortunes accumulated and invested safely beyond the borders . . . vast expenditures...
...Paramount), like the Tennessee Williams play from which it is adapted, is less a show, in a dramatic sense, than a sideshow-a gatherum of Pitchman Williams' less peculiar freaks. The principal exhibit is Serafina Delle Rose (Anna Magnani), a hearty peasant wench transplanted from Sicily to the Gulf Coast. Since the death of her husband, a small-time smuggler, she has turned into a sort of moral worm crawling in and out of his memory. She keeps his ashes in a gimcrack vase in their shanty parlor, and has long, sweaty daydreams about his body ("like a young...
...defense position is more impressive. Under the strategic plan pushed by the British ever since their evacuation of Suez, the main Middle East defense line would be established along the rugged Zagros mountain range which runs from eastern Turkey southeastward along the north shore of the Persian Gulf. This line, the British argue, is "the only reasonably defensible terrain," can be supplied readily from Iraq, and they figure they could fly in an armored division from Libya, Jordan or Cyprus in less than three weeks after a Russian attack was launched...
BIGGEST UNDERSEA PIPELINE will be built along the Gulf Coast to gather oil from offshore fields. A syndicate of Texas oilmen have formed a new company called Offshore Gathering Corp., plan to spend $150 million for a 364-mile oil and gas line running 25 miles offshore (at a depth of 60 ft.) between Texas and Mississippi. If FPC approves, work will start next year...