Word: oiling
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Sent sweeps of Navy jet interceptors to cover 2,000 British paratroops, and gave Britain full diplomatic-military support, as Britain moved in to help the small, friendly nation of Jordan against subversion. The U.S. also set up an oil airlift to help run Jordan's utilities and defenses...
Minuses & the Plus. At 9:30 a.m. the Joint Chiefs met for the day's first joint session. Each officer was aware, out of years of military, diplomatic and economic study and experience, of the minuses of U.S. involvement in the oil-rich but base-poor volatile Middle East. The Air Force had run staff studies on locating strategic and tactical air bases in the Middle East, had come away convinced that the Middle East was so vulnerable to Russia's near-at-hand Ilyushin light bombers and tactical missiles that the U.S.A.F.'s strategic bombers ought...
Actually, the industry has known about Four Comers oil for years. The first well was brought in in 1879. But geologists never thought there was enough to bother with-until the 19505. Then, hunting gas for the rapidly expanding industries of the Los Angeles area, El Paso Natural Gas moved in. Soon it hit a big gas pocket in the San Juan Basin, built a pipeline to Los Angeles. Within a few years it had lines out to 3,000 wells in a system so intricate that it looked like a page from Gray's Anatomy...
...Reluctant Drillers. The first real oil find came in 1954. Shell Oil brought in a 1,170-bbl.-daily well at Desert Creek in nearby Utah. But the biggest discovery came in 1956. The Texas Co. tried to get other companies to come in on a deal to drill in the Aneth section of southeastern Utah, where the lease was about to expire, found no takers, and finally went reluctantly ahead itself. Result: it bored smack into the Aneth pool with estimated reserves of 300 million bbls., the biggest find since the Williston Basin seven years...
...great trouble was getting the oil out. Truck and rail costs were so high that Four Corners oil was priced out of the market. To lick the problem, a combine of six companies (Standard of California, Gulf, Continental, Shell, Richfield and Superior) formed the Four Corners Pipe Line Co., spent $50 million for a 16-in. line pumping 70,000 bbls. daily to Los Angeles. Now a second outfit, the Texas-New Mexico Pipe Line Co., has built another line, with 50,000 bbls. daily capacity, from Aneth field in Utah to Jal, New Mexico, where the oil goes into...