Word: oiled
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Dates: during 1960-1969
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Next day, up in the rugged mountains of the interior, I walk into a coffee-shop for a shot of raki, the local brandy. A huge poster on the wall extols the "National Revolution" of the colonels. But above it, illuminated by a devotional oil lamp, like the holy icons, I see three photographs: E. Venizelos, the fiery Cretan liberal of the 1900's, John F. Kennedy, and George Papandreou! Gingerly, I steer the conversation into politics...
...oil industry-inadvertently involved in last June's Arab-Israeli war-last week issued its first battle communiqués. They were remarkable: rather than having lost money during more-or-less temporary Arab oil embargoes against the U.S., the American companies made comfortable profits...
...some new to Biblical scholars. One such regulation, for example, provides for the death penalty for traitors caught spying against the people of Israel. In addition to the annual feast of grains, or Shavuot, the scroll summons the Jewish people to celebrate hitherto unknown feasts of wine and oil following the grape and olive harvests. There are also many sentences insisting upon the need for ritual purity...
...Flexibility" was the word used by Mobil Oil Chairman Albert L. Nickerson, who is also chairman of the Business Council, an advisory group for the White House. When Middle East hostilities either slowed or stopped production at Mobil's holdings in Saudi Arabia, Iraq, and Iran, the company merely dipped deeper into its vast North American reserves and substituted Western Hemisphere petroleum for Middle East oil that could not reach Europe quickly because of the Suez Canal closure. As a result, Nickerson reported third-quarter earnings up 6.8%, to $93.8 million. Jersey Standard Chairman Michael L. Haider announced that...
While industry mergers, possibly into four regional groups, will probably cut costs and afford greater efficiency, Sir John admits that things wouldn't be looking up "if the oil companies had not been held to ransom by Mr. Nasser." The shutdown of the Suez Canal came as a boon for shipbuilders. The Japanese, who got their first boost with the 1956 closing of the canal, underbid the European builders by about 10% and soon had their order books bulging, with delivery dates stretching through 1971. Swan, Hunter & Tyne promised faster delivery, contracted to finish its first Esso supertanker...