Word: kuwait
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Dates: during 1970-1979
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Where are the finds of the future? The list of places to look is long, but expectations are limited. Almost no oil geologist expects that a drill bit will some day chew into another Kuwait or Spindletop. Only in the Soviet Union, China and the Middle East are there untapped onshore areas that bear the geologic marks of major potential reserves, and even new strikes in the Middle East are expected to be less sensational than the discoveries of earlier drillings...
...those interested in an Arab perspective on oil, Abdul Latif al-Hanad, Director General of the Kuwait Fund for Economic Development, will speak on "Middle East Capital Flows" at 4:30 p.m. in Science Center...
...cost is high ($1 per cubic meter), but the Israelis have little choice. In Saudi Arabia, where cost is no object, the government has embarked on a $12 billion program that will enable it to desalt 2.3 billion liters (600 million gal.) a day by 1980. Oil-rich Kuwait already gets almost all of its water by desalination...
Soon after the Cairo conference got under way, however, Saudi Arabia's debonair Foreign Minister, Prince Saud al Faisal, rose to announce that his country was pledging $1 billion in aid to black Africa. Suddenly, other oil-rich Arabs chimed in-Kuwait with $240 million, the United Arab Emirates with $136 million and Qatar with $76 million. Rather like poor relatives embarrassed by the contributions of wealthier family members, even Jordan and Egypt -which is currently negotiating a $450 million loan from the International Monetary Fund-pledged $1 million apiece to help guerrilla organizations in southern Africa...
...ruler of Dubai, who likes to hoist up his skirts-all the way-and then see which courtier will be the first to mention the royal flash. Linda of Arabia deals in crashing generalities. "Arabs are hypochondriacs," she offers en passant. Bahrain is "tidy," Qatar is dull and Kuwait is full of trendy boutiques but still very conservative. One sheikh found his unmarried daughter with a man and took her out to the desert-forever. The Saudi view of women boils down to "treasure or tramp." Linda apparently does not fall into either category, which is probably why her hosts...