Word: oiled
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Dates: during 1960-1969
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Even before last year's Arab-Israeli war, the Suez Canal was fast diminishing in importance. Oil tankers, which accounted for almost half of all Suez traffic, were getting too big for it. As a result, more and more Middle Eastern oil was being shipped in giant tankers around the Cape of Good Hope. Faced with the prospect of dwindling profits from the waterway, Egypt began giving thought to building an overland pipeline as an alternate route for transmitting oil to the Mediterranean Sea. Then, when Israel came up with the same idea following...
...Signal Oil...
...Mobil Oil Corp...
...Gulf Oil Corp...
Cockroach Inspections. The Japanese are not the first to look upon Makati as a welcome escape from Manila. Once largely swampland, Makati has been developed since World War I by its most recent owners, the immensely successful (insurance, banking, cattle ranching and oil refining) Ayala family. Now one of the Philippines' most desirable residential and commercial areas, Makati lacks Manila's traffic jams, boasts lower taxes, cheaper office rentals and better telephone service. Over the past five years, the Ayalas have attracted such leading firms as the beer-making San Miguel Corp., Colgate-Palmolive, IBM and Eastman Kodak...