Word: oiled
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Dates: during 1950-1959
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...other actions last week the President:¶Appointed a six-member Cabinet committee (Secretaries of Commerce, State, Defense, Treasury, Interior, Labor) to investigate independent oilmen's complaints that rising crude-oil imports are discouraging exploration for new U.S. oil resources, thus threaten national security. ¶ Attended, with Mamie, a dedication ceremony opening the new $1,250,000 Islamic Center and Mosque on Massachusetts Avenue (see RELIGION). ¶ Nominated, for a nine-year term as a director of the Tennessee Valley Authority, Arnold R. Jones, 53, of Manhattan, Kans. Republican Jones, Deputy Director of the Bureau of the Budget since...
Grand Chenier and Johnsons Bayou ("Those towns are nothing but hills in the swamp," said Cameron Parish Sheriff O. B. Carter) rolled Audrey's vicious tidal wave, ripping and twisting hundreds of homes, crumpling four fuel storage tanks under the hurled weight of a huge offshore oil barge, flinging two 50-ft. fishing boats onto the main street of Cameron (pop. 3,000), the seat and only incorporated town of the parish...
...Black oil, bubbling unexpectedly from the bowels of the earth, often begets friction and fire as well as power and progress. But in one small corner of northwest Borneo, thanks to the cooperation of a Britain grown wiser through past mistakes and an Oriental potentate with a social conscience, the discovery of oil has set a tiny nation of some of the world's most primitive people rocketing toward a prosperous future on smoothly lubricated wheels...
...Gusher. By last week, the first trickle of oil bubbling from the swamps of Brunei had swelled to a gushing 118,-ooo barrels a day. And of the money it brings, about 45% pours into Brunei's treasury. Brunei has become a rich country with an annual income exceeding $40 million, and the money, coming in faster than the nation can find a way to spend it, is buying a better life for every one of the 60,000 men, women and children in the Sultanate. "You rub your eyes and begin to count the miracles that are taking...
...Contractors George and Herman Brown) raised $143 million in 1947 to buy the Government's war-built 2,819-mile Big Inch and Little Big Inch pipelines. Out of an original investment on their part of only $150,000 in stock, they parlayed the Texas-to-East Coast oil lines into one of the U.S.'s big four natural-gas carriers, a giant worth $581 million...