Word: oceanic
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Dates: during 1950-1959
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Down to the Deep. In barely seven years, De Long has built a multimillion-dollar business helping oilmen explore offshore fields with massive mobile barges that can be rooted to the ocean floor solidly enough to withstand the most violent storms. Five De Long barges are already drilling in the Gulf of Mexico; another has just started operating off the coast of California; still others abuilding are slated for South America and Southeast Asia, generally at rents of $6.000 a day, including equipment. Starting with a maximum depth of 50 ft., the company has learned to build mobile rigs, that...
...flies round trip from New York to London for $469.20 (v. $522 for bigger lines), New York to Oslo for $472.20 (v. $590.60). Says Nicholas Craig, president of the line's U.S. subsidiary, which operates the transatlantic business: "For years the airlines have talked about bringing trans-ocean travel within reach of everybody's pocketbook. We've done something about...
...Washington State since turn of century is being touched off by state's first big oil well (TIME, July 29). Oilmen have filed about 800 bids for leases on more than 450,500 acres of state-owned land, mostly near Sunshine Mining Co.'s test well outside Ocean City...
...Senator Richard L. Neuberger protested to the Senate. But the vice chairman of the city council at Newport, R.I., where Ike will go for a vacation as soon as a laggard Congress lets him, snorted "perfectly ridiculous" and went right on throwing tasty bits of chopped fish into the ocean every day, so that when the President drops a line at the chummed spots, striped bass will be waiting...
...armed forces became available to industry. Now, at fees ranging from $25 for a short-range forecast up to $20,000 for a comprehensive yearly service, dozens of weathermen are telling airlines when to fly, builders when to pour concrete, shipping companies when and where to steam to avoid ocean storms, oil-drilling crews when to evacuate their offshore rigs...